Chandigarh, June 19 -- In Punjab, where land has long been a symbol of affluence and a source of contention, a new economic narrative is being penned-one where industrial aspirations confront soaring prices, and hope frequently battles with harsh reality.

The recent industrial plots auction by the Punjab State Industries and Export Corporation (PSIEC) has opened a window to the state's dynamic investment environment. With 15 plots in Mohali being sold at jaw-dropping prices-more than three times the reserve price, the land under Punjab's industrial story is getting hot. The bids, varying between Rs.1.50 lakh and Rs.1.65 lakh per square yard, surprised onlookers anticipating more subdued bids in light of the overall economic environment. ...