Punjab Agro-Industries Corporation
Incorporated in 1996,
as a state government undertaking, Punjab Agro-Industries Corporation
today has a strong extension service network and excellent rapport with
the farmers. The corporation has an equity capital base of Rs.466.6
million and employs about 1000 people at different levels in its regional,
district and corporate offices. It is the nodal agency of the state
government for promotion of agro-based industries in Punjab.
To provide agricultural
Punjab Agro-Industries marketing policies are consumer-oriented
handled by hard core professionals. 3 regional offices, 14 district
offices, 90 retail outlets, 800 private dealers, 25 tractor sale-cum-service
centers and 11 petrol pumps cater to the requirement of state farmers
for fertilizer, pesticides, farm machinery, diesel/petrol, custom-hiring
services and other requirements. It has offices and outlets in the remotest
possible corners of the state. Punjab Agro-Industries Corporations
annual sales turnover of agricultural inputs is around Rs.2000 million.
To introduce new
Punjab Agro remains on the look out for innovative and state-of-the-art
technologies for adding value to the states is agricultural produce
and residues. Therefore R&D, development and promotional activities
form an essential part of our corporate culture. Examples are:
Development of a new process for fractionation of cellulose, silica,
lignin and hemi-celluloses from rice straw in technical collaboration
with the Institute Armand Frappe, Quebec, Canada.
Sourcing technology for manufacture of xylitol from rice husk/bagasse.
Introducing new agricultural practices for improving the yield and quality
of grapes, tomatoes, potatoes, soybean and sunflower.
Introduction of latest
technologies for inversion of sucrose into Fructose enzymatically; cultivation
and processing of aromatic crops for manufacture of essential oils and
aroma chemicals; processing of fresh eggs for manufacture of frozen
egg liquids and powders; manufacture of honey based cosmetics, health
foods and medicine, cultivation of fresh water prawns. Micro-propagation
of field/forest crops, flowers and ornamentals through tissue culture;
growing and canning of mushrooms; processing of buffalo meat for export
Punjab Agro has been
instrumental in introducing post harvest management technologies for
increasing shelf-life and transportability of perishable horticultural
crops such as kinnows; grapes, exotic flowers by creating grading and
waxing facilities, pre-cooling centers, refrigerated vans, flower auction
house etc. Avenues are being explored for export of fresh fruits, vegetables
and flowers, and some success has already been achieved in this direction.
To act as an institutional
As an institutional investor, PAIC invests equity capital as a co-promoter.
It contributes towards the equity of new projects in the Assisted Sector
from 10 to 50% depending upon the size of the project. In the Joint
Sector it contributes from 26 to 50%. Projects in the Assisted Sector
are encouraged by the corporation. The corporation identifies project
ideas through environment-scanning, conducts feasibility studies and
market surveys, determines viable projects and thereafter selects financial/technical
collaborator, depending, inter-alias, on experience and investment capability.
It provides total assistance from selection of site, technology, preparation
of project report; assistance in arrangement of term loans, working
capital from commercial banks and raising funds through public issues.
PAIC actively assists the private Indian and foreign investors in obtaining
all kinds of official sanctions, licenses, permits, and arranging for
other infrastructural facilities for proper, efficient and economic
working of new projects.
PAIC has won the
National Productivity Council Award in recognition of its promotional
work, for the last seven consecutive years.
It has launched 21
successful projects costing about Rs.3,500 million. Among our valued
- Pepsi, Inc. USA
- Food Engineering
- Dairy Tek, USA
- Institut Armand-Frappier,
- Imporio Lader
- Westfalia Separator,
- Schulle, Germany
- Chemtec, Israel
- Sandvik Process
- AG Seeds, Australia
- Rice Engineering,
- Fletcher Challenge,
- TMCI, United
Kingdom Raisio, Finland
- Dalsem Holland
- Meijer Holland
- IMV, France
PAIC is currently
implementing 15 agro-industrial projects in the areas of agro products
and residues utilization, agro-chemical and food and horticulture at
the total capital cost of about Rs.15,000 million.
(Rs in million)
paper from agro resides
Sugar from cane sugar
Extraction and refining of vegetable oils
of oil seeds
egg liquids and powers
Frozen egg liquids 3156 TPA Egg Powers
pharmaceutical Di-calcium Phosphate and Edible grades of gelatin
from dried animal bones
silica, lignin and protein rich food from paddy straw (pilot plant)
of paddy straw
and Printing and writing paper from bagasse and eucalyptus wood
caseinate, cheese, butter and ghee from whole milk
liters of milk per day
of oil seeds
and bio- pesticides
Bio-pesticides 70,000 ltrs
fruits and vegetables,
TPA of fruits and vegetables
dozen of bulls semen per annum
oils and oleoresins
Another 34 projects costing about
Rs. 9,100 million are at different stages of conceptualisation.
(Rs in million)
and starch from wheat
sugar-cum-indus trial alcohol-cum-panel board cum diketene and acetoacetic
Panel Board-18 TPD
Diketene, Acetoacetic Esters-3000 TPA
Density Fibre Board and Particle Board from cotton stalks eucalyptus
wood and bagasse
Particle Board 100 TPD
silica from rice husk ash
alcohol from damaged wheat
litres of IMFL per annum
Width tubular blown film
from rice husk/bagasse
alcohol from potatoes
3 million litres per annum
flakes and granules
from castor oil
from guar seeds
grade spirulina algae
syrup from broken rice
grade rice bran oil
feed, butonol, acetone, carbon di-oxide and mixed solvent from maiz
of flowering and ornamental plants per annum
of onions and vegetables
fruit and rice
fruits 600 TPA
oil seeds, solvent extraction and refining of vegetable oils
oil-100 TPD Hybrid Oil seeds-1000 TPA
per day of milk
Malt, Malt extract and Beer
Malt Extract-20000 TPA
growing and canning
|Grain based distillery
|Production of cellulose,
silica, lignin and protein rich food from rice straw
from rice husk ash
|Rice Husk Particle
|Canned Fruit &
|Production of Natural
Food Colours from Flower/Petals cultivation of exotic vegetables
for production and export of strawberries
|Production of Papain
|Pre-cooling and cold
storage of fresh fruits
Agro-Industries Corporation & the New Industrial Policy
The "New Industrial
Policy, 1996 notified by the Punjab government recognizes
agro-based industry as a thrust area and provides a special package
of incentives. These are: Investment
incentive at the rate of 30% for fixed capital investment subject to
a maximum of Rs 5 million.
for 10 years subject to maximum of 300% of fixed capital investment.
Generator set subsidy at the rate
of 50% of the cost of captive generator set, subject to a maximum of
Rs.1.5 million. The above incentives are available to the following
categories of agro based industries:
Freeze drying & dehydration
of fresh fruits & vegetables.
Potable/Industrial Alcohol from
raw materials other than Molasses.
Bio-conversion of maize/corn into
organic chemicals/compounds other than starch.
Products manufactured from agricultural
residues excluding pulp & paper.
Processing of aromatic & medicinal
plants for extraction of their oils/extracts.
Integrated poultry projects involving
pureline breeding, grand-parent franchiser breeding & modern hatcheries.
Processing of eggs for the manufacture
of pastes & powders.
Mechanized processing, preservation
& packing of fish & other fishery products.
Refrigeration equipment for cold
storage & for refrigerated vans including units developing alternate
technology for refrigeration like solar energy etc.
Other hi-tech industries in the
agro-industrial sector involving processing of agricultural produce/residue
available in the state.
For projects of special significance
for growth of industry, having capital investment of over Rs1000 million,
special packages of incentives shall be provided by an Empowered Committee
headed by the Chief Minister.
further details, contact:
Punjab Agro Industries Corporation Ltd.
2 Sec 28 A, Chandigarh
Phone : 91-172-657037, 657472(O) , 91-0172-545900 (R)
Fax : 91-172-40398