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Business Opportunities in Ludhiana
The present business environment in Ludhiana is vastly different from what it was a decade ago. In the wake of liberalization and globalization, domestic industry has to gear itself for the new challenges of global competitiveness and quality. Sustainable growth, social justice and ethical issues are the other challenges that need to be met. Ludhiana, the industrial hub of Punjab, stands out as a symbol of hard work and entrepreneurial skills of its citizens. The phenomenal growth of industry in Ludhiana is emulated as a role model across India.
This website places on record the achievements of Ludhiana’s entrepreneurs in the industrialization of India in general and that of Punjab entrepreneurs in the industrialization of India in general and that of Punjab in particular. It documents and consolidates the contribution of enterprising families of Ludhiana in placing this city on the industrial map of India.
Ludhiana is the industrial support of Punjab and is one of the leading business centers in the whole northern province of India. There are industries of all categories – such as large scale, medium sector and small scale. The textiles and hosiery are the main industries, which the major part of the Ludhiana’s population depend upon. The other key industries are however, cycle manufacturers, manufacturer of the cycle parts, sewing machine manufacturers, auto parts manufacturers, machine tools manufacturers, manufacturers of electronic goods, tyres and tubes industries. Among the other major industries there are industries of vanaspathi, beer, sugar, flour, rice, rice bran oil, and even cattle foods makers.
As far as the small-scale sectors are concerned, Ludhiana has well assortment well-known industries of rubber good manufacturing, woolen garments, industrial fasteners, knitwear items, and etc. Many of these small enterprises have got strong infrastructure and provides bread and butter to so many employees from far and wide.
The government has planned to facilitate the Small Scale Industries (SSI) by means of enhancement of the investment limits for certain items that are exclusively reserved for manufacture by these small scale industries.
At the moment Ludhiana and the rest of the Punjab fall within the jurisdiction of Small Scale Service Institution, Ludhiana – known to SISI for short. SISI of Ludhiana provides several services for new and up coming entrepreneurs. The list of some of the valued programs of SISI includes “Entrepreneurship Development Programs – EDP for short”, “Specialized Training Programs”, “Intensive Motivational Campaigns” and etc. The “Specialized Training Programs” involves the training regarding “the method of export” and “mode of packaging for export”.
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