Abstract
The present empirical analysis is confined to the investment pattern of large scale industrial units of Punjab. The study covers district wise distribution of investment in the large scale industrial units of Punjab for the period ranging from 2003-04 to 2013-14. It is found that keeping in view the existing trend equation, the predicted amount of fixed investment in Barnala, Faridkot, Tarn Taran, S.A.S. Nagar, Amritsar, Ludhiana, Nawanshahar, Fatehgarh Sahib, Kapurthala, Moga, Muktsar, Bathinda, Hoshiarpur and Jalandhar districts shows that the fixed investment to be made in the units of these districts is expected to increase in the year 2020-21 to Rs. 11315.73 crores, Rs. 911.35 crores, Rs. 372.77 crores, Rs. 26500.88 crores, Rs. 4134.81 crores, Rs. 21062.09 crores, Rs. 2714.41 crores, Rs. 1090.41 crores, Rs. 3764.73 crores, Rs. 1108.85 crores, Rs. 659.42 crores and Rs. 9192.89 crores, Rs. 3605.93 crores and Rs. 983.73 crores respectively.The trend equation reveals that fixed investment in various units of the industries is expected to increase by 2020-21 except in the units of D4, D5 and D14 industries where the fixed investment is likely to decline significantly by the year 2020-21. The amount of fixed investment in D3 is expected to increase in the year 2020-21 to Rs. 35374.96 crores from the year 2013-14 (Rs.19249.08 crores).This is expected to be followed by D6, D8, D9, D10, D12, D7, D15, D11, D16 and D13 where the fixed investment to be made in these industries is expected to increase to Rs.4882.97 crores, Rs.13336.45 crores, Rs.1271.49 crores, Rs.1129.23 crores, Rs. 555.13 crores, Rs. 138.81 crores, 7128.85 crores, Rs.2602.05 crores, Rs.5829.49 crores and Rs.763.84 crores in the 2020-21 respectively.