[4] Due to its proximity to the Asansol-Durgapur industrial belt, Panagarh has attracted many investments over the years.

[7] Dhunseri group has a polyester manufacturing plant in the Panagarh industrial park.

[9] Matrix fertilizer and chemicals has an integrated gas-based Urea plant in Panagarh.

[10] Apart from these, many other manufacturing units of Sova Solars, Alcogain distillar, Wacker Metroark Chemicals, etc.

[13] According to the 2011 Census of India, Panagar had a total population of 5,510, of which 2,796 (51%) were males and 2,714 (49%) were females.

Panagarh Rural Hospital, with 30 beds, is the major government medical facility in the Kanksa CD block.