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Punjab's economic performance has been impressive, the state's GDP grew by 8.3 per cent between 1999-2000 and 2004-2005 to reach US$ 19.55 billion.
Industrial output of agro-based industries in the state is roughly US$ 2.44 billion, contributing nearly 20 per cent to the manufacturing output and about 14 per cent to the employment. Organic farming is also a thrust area, with initiatives from the Punjab Agriculture Export Corporation.
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