Punjab's economy is at a critical juncture, facing challenges as it works tirelessly to reclaim its economic supremacy. Key priorities include diversifying the rural economy, driving rapid industrialization with smart technologies, complementing agricultural development, and strengthening inter-sectoral linkages. The state must attract domestic and foreign investments, fast-track infrastructure development, improve fiscal health, create gainful employment, and balance economic growth with environmental sustainability. All of these with a singular focus on inclusive growth. In this effort, Punjab Vision 2047 envisages short-term and long-term strategies for a developed Punjab by 2047, i.e., the 100th year of India's independence.