Ludhiana traders expect good business from Kashmir Valley : The Tribune India

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Ludhiana traders expect good business from Kashmir Valley

Shivani Bhakoo

Tribune News Service

Ludhiana, February 25

The trade with Jammu and Kashmir (J&K), which was badly hit following the abrogation of Section 370 from the state, is slowly coming back on track. Manufacturers and wholesale dealers in the garment industry here are expecting good business now as buyers from the Valley have started coming to Ludhiana to place orders.

Gurinder Singh Jolly, President of the Manna Singh Nagar Market

In winter, traders from Jammu and Kashmir buy sweaters, jackets, woollen garments, shawls, etc, from Ludhiana, while in summers, they buy textile garments, shirts, trousers, etc. We are getting phone calls for orders. Traders from J&K are also visiting the city to place their orders. The past few months had been tough as manufacturers and traders here suffered a lot due to slowdown. There was hardly any order for the hosiery items from the Valley following tension there.

Talking to The Tribune, Chairman of the Akalgarh Market Association Arvinder Singh said: “Buyers have started coming in good numbers as situation is getting back to normal in Jammu and Kashmir.”

“When we ask buyers from the Valley if everything is normal there now, they say slowly things are coming back on track. Ludhiana has a good market of buyers in Jammu and Kashmir as traders from the Valley used to place big orders both in summers and winters. Though exact figure cannot be ascertained, but garments worth several crores are taken by Jammu and Kashmir buyers from Ludhiana markets — Akalgarh Market, Chaura Bazar, Manna Singh Nagar Market, Gandhi Market etc. We are expecting good business as we are now getting orders again,” said the chairman.

Arvinder Singh, Chairman of the Akalgarh Market Association

When we ask buyers from the Valley if everything is normal there now, they say things are slowly coming back on track. Ludhiana has a good market of buyers from J&K as traders from the Valley place big orders both in summers and winter. Though exact figure cannot be ascertained, garments worth several crores are bought by J&K buyers from Akalgarh Market, Chaura Bazaar, Manna Singh Nagar Market, Gandhi Market of Ludhiana.

President of the Manna Singh Nagar Market Gurinder Singh Jolly said: “In winters, traders from Jammu and Kashmir buy sweaters, jackets, woolen garments, shawls etc, from Ludhiana, while in summers, they buy textile garments, shirts, trousers, etc. We are getting phone calls for orders. Traders from Jammu and Kashmir are also visiting Ludhiana to place their orders. But, the last few months had been tough as the manufacturers and traders here were badly hit. There was hardly any order for the hosiery items from the Valley following tension there.”

Wishing not to be quoted, another shopkeeper at the Akalgarh Market said on an average, a shopkeeper could easily make Rs 10 lakh from Jammu and Kashmir buyers. “They are the biggest buyers of our products,” added the shopkeeper.

It may be mentioned here that on August 5, 2019, the Central Government revoked the special status granted under Article 370 of the Indian Constitution to Jammu and Kashmir.