The New Economic Policy announced in year 1991 laid emphasis on liberalisation,privatisation and globalisation.Main objective of new economic policy is to promote competition and efficiency. Industrialisation has been viewed as an economic process by which structural transformation of subsistence economy can be achieved.The Productivity performance enhance the international competitiveness of the country.The present book analyze the productivity trends in manufacturing sector of punjab state,and to evaluate the impact of economic reforms on productivity growth in manufacturing sector of punjab.In order to elevate the productivity growth in state,it is imperative to speed up the flow of incentives and resources toward this state.The fine tuning of ongoing liberalisation,privatisation and globalisation programme is thus need to improve the efficiency of factor inputs in the punjab manufacturing sector.