Finance & Economy | News & Insights

Textile park in Ludhiana to be game changer, to boost exports

Published: June 11, 2022
Author: EDITORIAL ASSISTANT

The upcoming textile park over 1,000 acres at Koom Kalan near here will be a game changer for the textile and garment industry and will further boost exports from Ludhiana, which was one of the three major textile clusters in the state, the government has claimed. The state’s three clusters — Ludhiana, Jalandhar and Amritsar — export textiles and garments worth almost Rs 12,000 crore every year. In 2019-20, the three clusters in Punjab, which was among top 10 states for textile and garment exports in the country, had logged exports worth Rs 11,639.63 crore, the official figures have revealed. Major export destinations include the USA, UAE, UK, and Australia.

Sharing details of the textile ecosystem, Director-cum-Secretary, Industries and Commerce, Sibin C, told The Tribune, that Punjab had a strong presence of the textile sector in various regions of the state and possesses a complete textile value chain. “Over 1,200 units of textile and wearing apparel are there in the state, employing about 1.2 lakh persons directly. The state is home to major textile players such as Trident, Nahar, Vardhman, Shingora, Sportking, Nivia, Savi, Avani Textiles, JCT Mills, and Indian Acrylics,” he said. Divulging the raw material information, Sibin said there was abundant availability of variety of quality raw material in Punjab, both natural and man-made.

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