Punjab leads India in textile industry. Punjab has 1.8
percent of growth rate which is better than the nation’s growth rate. This is due to the incentives that government
provides people for entering this industry.
Punjabis are hardworking people, they have been excelling in
agriculture and industrial sector both. Punjab’s industries be it textile,
cycle or tractor is doing better than any other state of the country. People
are very active here and with the help of government providing incentives,
there is no stopping for people of Punjab. Punjab is well known for its textile
and Hosiery manufacturing industry as manufacturing is done at largest scale
with efficient machinery and labor. Spinning and Hosiery exports are other key
elements which make it able for Punjab to top the nation in Textile based
industry.
Ludhiana takes
credit for all the industrial growth in the nation, Hosiery and readymade
garments are produced here. Vardhman group is the largest contributor
here. JCT fabrics id produces in Phagwara city and Barnala is home to the
Trident group, one the very eminent textile manufacturers.
Average gross domestic production of Punjab was
around 50.9 Billion USD and a major role was played by textile industry
alongside Agro based industry. Textile industry has been flourishing in the
state and is providing employment to many people. The produces are not just
exported to other states but exported abroad as well.
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