In the run up to the Lok Sabha elections in Punjab, during the last phase of campaigning in Ludhiana, Congress President Rahul Gandhi has proposed to revive the small and medium sized enterprises (SMEs) that have died in the past decade. Rahul said that without ‘Made in Ludhiana’, India can never meet the challenge of ‘Made in China’.
Slamming BJP Government led by Prime Minister Narendra Modi, Rahul said that GST and demonetisation ruined Ludhiana’s industry.
It shall be noted that the city of Ludhiana was once considered the Manchester of India for its production of hosiery products. Apart from this, people were hard working there and most of the famous brands like Oswal, Vardhman, Hero, Avon, Neelam, Duke, Monte Carlo etc. are from Ludhiana. Above all, India’s maximum small scale industries are in Ludhiana. It is famous for manufacturing of Cycle and cycle parts, Auto Parts, Woolen and Hosiery goods, cloth, sewing machines and spare parts etc.
However, the plight of state is such that India’s biggest industrial cluster is shutting down rather than growing. Be it bicycle or knitwear industry or others, all are showing a downward trend. Rising cost of operations makes them 'non-competitive' in comparison with other states.