India, Nov. 6 -- Punjab's new industrial policy places employment generation among its key objectives, with the state government seeking to expand traditional manufacturing while attracting investment in technology and service-based businesses. The policy is aimed at creating opportunities for young people and supporting local businesses through industrial growth.

Manufacturing has played an important role in Punjab's economy, contributing to employment, incomes and improvements in living standards. The government's approach now also seeks to encourage modern technology-based industries alongside established sectors. It views the growth of local businesses and the simplification of business processes as important parts of wider economic ...