Trending Jalandhar, Punjab, India Startups

Jalandhar located in the northern indian state of punjab has a rich history of entrepreneurship the city is home to a population of over one million people and is known for its manufacturing and sports industries the area has seen a surge in technological innovations in recent years with startups focusing on ecommerce healthcare and education some notable companies founded in jalandhar include sports equipment manufacturer sanspareils greenlands and ecommerce platform shopclues the city is also home to several universities including lovely professional university and dav institute of engineering and technology the living wage in jalandhar is around 10000 inr per month and the unemployment rate is currently at 58 the citys gdp is estimated to be around 15 trillion inr while the rate of new companies starting in jalandhar is high the area also sees a significant number of closures this can be attributed to a lack of government support and infrastructure as well as a shortage of skilled workers despite these challenges jalandhars startup scene is thriving due to the citys entrepreneurial spirit and the availability of funding from venture capitalists the areas focus on innovation and its growing reputation as a hub for startups make it an attractive location for entrepreneurs looking to launch their businesses