Economy Of Ludhiana
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Economy Of Ludhiana
Ludhiana is Punjab, India city's and largest industrial hub. It is the biggest city north of Delhi. It is known for hosiery and bicycle manufacturing. As of 2014, Ludhiana had 19.1 percent of Punjab's employment. Textile industry Before Partition, Lahore was the biggest industrial hub of Punjab. Then Industry moved and settled in Ludhiana. Ludhiana became across India for its hosiery and textile industry. Now Ludhiana is Punjab's and North India's largest city (after Delhi). Vardhman Group is a textile group based there. Vardhman was established in 1965 by Lala Rattan Chand Oswal. The group is engaged in manufacturing and trading in yarn, fabric, sewing thread, acrylic fibre and alloy steel. ''Duke Duke Fashions India Limited'', Ludhiana-based Duke Fashions (India) Ltd., a much-favoured name in clothing, footwear and accessories, Duke is acknowledged today as the undisputed leader in the industry. The company's values are based on its authentic fashion understanding heritage ...
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Ludhiana
Ludhiana ( ) is the most populous and the largest Cities in India, city in the Indian state of Punjab, India, Punjab. The city has an estimated population of 1,618,879 2011 Indian census, 2011 census and distributed over , making Ludhiana the most densely populated urban centre in the state. It is a major industrial center of Northern India, referred to as the India's Manchester by the BBC. It stands on the old bank of Sutlej River, that is now to the south of its present course. The Union Ministry of Housing and Urban Affairs has placed Ludhiana on the 48th position among the top 100 smart cities and has been ranked as one of the easiest city in India for business according to the World Bank. History Ludhiana was founded in 1480 by members of the ruling Lodhi dynasty of the Delhi Sultanate. The ruling sultan, Sikandar Lodhi, dispatched two ruling chiefs, Yusuf Khan and Nihad Khan, to re-assert Lodhi control. The two men camped at the site of present Ludhiana, which was then ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, int ...
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Nominal GDP
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP (also called the Mean Standard of Living). GDP definitions are maintained by a number of national and international economic organizations. The Organisa ...
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Gross State Product
Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer units in the region, and analogous to national gross domestic product. The GRDP includes regional estimates on the three major sectors including their sub-sectors, namely: * Raw material sector: Agriculture, animal husbandry, fishery, and forestry. * Industry sector: Construction, electricity, manufacturing, mining, quarrying, and water. * Service sector: Communication, finance, private government services, property management, real estate sales, storage, trade, and transport. "The GRDP is usually presented in nominal and real terms. Nominal GRDP measures the value of the outputs of the economy at current prices. Real GRDP referred to as GRDP at constant prices, measures the value of an economy's output using the prices of a fixed base y ...
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Partition Of India
The Partition of British India in 1947 was the Partition (politics), change of political borders and the division of other assets that accompanied the dissolution of the British Raj in South Asia and the creation of two independent dominions: Dominion of India, India and Dominion of Pakistan, Pakistan. The Dominion of India is today the India, Republic of India, and the Dominion of Pakistan—which at the time comprised two regions lying on either side of India—is now the Pakistan, Islamic Republic of Pakistan and the Bangladesh, People's Republic of Bangladesh. The partition was outlined in the Indian Independence Act 1947. The change of political borders notably included the division of two provinces of British India, Bengal Presidency, Bengal and Punjab Province (British India), Punjab. The majority Muslim districts in these provinces were awarded to Pakistan and the majority non-Muslim to India. The other assets that were divided included the British Indian Army, ...
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Lahore
Lahore ( ; pnb, ; ur, ) is the second most populous city in Pakistan after Karachi and 26th most populous city in the world, with a population of over 13 million. It is the capital of the province of Punjab where it is the largest city. Lahore is one of Pakistan's major industrial and economic hubs, with an estimated GDP ( PPP) of $84 billion as of 2019. It is the largest city as well as the historic capital and cultural centre of the wider Punjab region,Lahore Cantonment
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and is one of Pakistan's most , progressiv ...
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Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders with the state of Uttar Pradesh in the east and with the state of Haryana in the remaining directions. The NCT covers an area of . According to the 2011 census, Delhi's city proper population was over 11 million, while the NCT's population was about 16.8 million. Delhi's urban agglomeration, which includes the satellite cities of Ghaziabad, Faridabad, Gurgaon and Noida in an area known as the National Capital Region (NCR), has an estimated population of over 28 million, making it the largest metropolitan area in India and the second-largest in the world (after Tokyo). The topography of the medieval fort Purana Qila on the banks of the river Yamuna matches the literary description of the citadel Indraprastha in the Sanskrit ...
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Vardhman Group Of Companies
Vardhman Group is a textile group based in Ludhiana, Punjab, India, that was established in 1965. The group is engaged in manufacturing and trading in Yarn Yarn is a long continuous length of interlocked fibres, used in sewing, crocheting, knitting, weaving, embroidery, ropemaking, and the production of textiles. Thread is a type of yarn intended for sewing by hand or machine. Modern manu ... and Processed Fabric, Sewing Thread, Acrylic fibre and Alloy steel. Vardhman group was incorporated in 1962 as Vardhman Spinning & General Mills (VSGML). The company was promoted by VS Oswal and RC Oswal initially and is now headed by S. P. Oswal. The total number of employees in the company as of April 2011 is 23,000. Group companies The group is structured in such a way as to have a central holding company that is used for investing in the different group companies. The holding company in this case is Vardhman Holdings limited and the group companies are Vardhman Textiles ...
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Jalandhar
Jalandhar is the third most-populous city in the Indian state of Punjab and the largest city in Doaba region. Jalandhar lies alongside the Grand Trunk Road and is a well-connected rail and road junction. Jalandhar is northwest of the state capital Chandigarh, south-east of Amritsar and north of Ludhiana. Jalandhar is about 381 km (230 miles) from national capital Delhi. The famous road NH1 crosses from Jalandhar. History The history of Jalandhar District comprises three periods — ancient, medieval and modern. The city may be named after Jalandhara, a Nath Guru, who was from here. . The city was founded by Devasya Verma as mentioned in Vedas. Other possibilities include that it was the capital of the kingdom of Lava, son of Rama or that the name derives from the vernacular term ''Jalandhar'', meaning area inside the water, i.e., tract lying between the two rivers Satluj and Beas. The whole of Punjab and the area of present Jalandhar District was part of the Indus ...
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Amritsar
Amritsar (), historically also known as Rāmdāspur and colloquially as ''Ambarsar'', is the second largest city in the Indian state of Punjab, after Ludhiana. It is a major cultural, transportation and economic centre, located in the Majha region of Punjab. The city is the administrative headquarters of the Amritsar district. According to the United Nations, as of 2018, Amritsar is the second-most populous city in Punjab and the most populous metropolitan region in the state with a population of roughly 2 million. Amritsar is the centre of the Amritsar Metropolitan Region. According to the 2011 census, the population of Amritsar was 1,989,961. It is one of the ten Municipal Corporations in the state, and Karamjit Singh Rintu is the current Mayor of the city. The city is situated north-west of Chandigarh, 455 km (283 miles) north-west of New Delhi, and 47 km (29.2 miles) north-east of Lahore, Pakistan, with the Indo-Pak Border (Attari-Wagah) being only away. Am ...
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Chandigarh
Chandigarh () is a planned city in India. Chandigarh is bordered by the state of Punjab to the west and the south, and by the state of Haryana to the east. It constitutes the bulk of the Chandigarh Capital Region or Greater Chandigarh, which also includes the adjacent Satellite city, satellite cities of Panchkula and Mohali. It is located 260 km (162 miles) north of New Delhi and 229 km (143 miles) southeast of Amritsar. Chandigarh is one of the earliest planned cities in post-independence India and is internationally known for its architecture and urban design. The master plan of the city was prepared by Swiss-French architect Le Corbusier, which built upon earlier plans created by the Polish architect Maciej Nowicki (architect), Maciej Nowicki and the American planner Albert Mayer (planner), Albert Mayer. Most of the government buildings and housing in the city were designed by a team headed by Le Corbusier, Jane Drew and Maxwell Fry. Chandigarh's Chandigarh Capitol ...
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