Ludhiana, the industrial capital of Punjab

Ludhiana City , August 22, 2017

Business hub of North India’, ‘Economic capital of Punjab’, ‘Manchester of India’, so many names, one city. Ludhiana. Ranked by World Bank as the best city in India, in terms of business environment, Ludhiana stands tall with its industries, glitzy malls, and long flyovers.
The riches are brought mostly by small-scale industrial units, which produce industrial goods, machine parts, auto parts, household appliances, hosiery, apparel, and garments.

Ludhiana is Asia’s largest hub for bicycle manufacturing and produces more than 50% of India’s bicycle consumption of more than 10 million each year. (Ludhiana is home to globally famous bicycle companies- Hero and Avon)

Ludhiana produces 60% of India’s tractor parts and a large portion of auto and two-wheeler parts. Many parts used in German cars like BMW and Mercedes are exclusively produced in Ludhiana to satisfy the world requirement. (GS Autos).It is one of the largest manufacturers of domestic sewing machines. Hand tools and industrial equipment are other specialties.

The apparel industry of Ludhiana is famous all over India and abroad for its woolen sweaters and cotton T-shirts; most of the top Indian woolen apparel brands are based in Ludhiana. (Vardhman, Saluja, Trident, Venus, Duke)

Ludhiana also has a growing IT sector with multiple software services and product companies having development centers in the city.With its multiple industries and huge consumer base, Ludhiana isalso active in the financial markets.So much so that Ludhiana has its own stock exchange. Ludhiana Stock & Capital Limited.

With so much industrial activity occurring, Ludhiana today is rubbing shoulders with the best metropolitans of India. New flyovers are being built, transportation is improving, new malls are coming up and so many avenues are opening up for education and healthcare. We hope, that Ludhiana continues to shine like this and makes a mark on the global industrial landscape in the years to come.

( Image source: Google)

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