Economy

Government is a major employer in Chandigarh with three governments having their base here. A significant percentage of Chandigarh’s population therefore consists of people who are either serving for one of these Governments or have retired from government service. For this reason, Chandigarh is often called a “Pensioners Paradise”.

There are about 15 medium to large industrial including two in the Public sector. In addition Chandigarh has over 2500 units are registered under small scale sector. The important industries are paper manufacturing, basic metals and alloys and machinery. Other industries are relating to food products, sanitary ware, auto parts, machine tools, pharmaceuticals and electrical appliances. Yet, with a Per Capita Income of Rs. 67,370, Chandigarh is the richest city in India. Chandigarh's gross state domestic product for 2004 is estimated at $2.2 billion in current prices.

Chandigarh has a well developed market and banking infrastructure. Nearly all the major banks in the country have registered their presence in Chandigarh. Most major business houses in the adjoining states of Punjab, Haryana and Himachal Pradesh.

Three major trade promotion organizations have their offices in Chandigarh. These are: Federation of Indian Chambers of Commerce & Industry, the PHD Chamber of Commerce and Industry and the Confederation of Indian Industry (CII) which has its regional headquarters at Sector 31, Chandigarh.

This is a list of NSE-indexed conglomerates with corporate offices in Chandigarh. Figures are given in millions of Indian Rupees for 2005.

Rank	Conglomerate	Gross Income
1	Swaraj Mazda	6,126
2	Ind-Swift Laboratories	3,270
3	Nectar Lifesciences	2,890
4	Swaraj Engines	1,282