In Punjab, Ludhiana is a bustling commercial centre. It is home to various businesses, including manufacturing, IT and healthcare. The city is a significant hub for creative thinking and talent because of its many educational institutions. The city is in an excellent position to benefit from the growing Indian economy and is developing into a significant hub for international trade. Discover the numerous well-established companies in Ludhiana.
See also: Top MNC companies in Gurgaon
Business landscape in Ludhiana
The commercial environment in Ludhiana is active and varied. Numerous businesses, including production, farming and services, are based in the city. With over 50% of the city’s GDP coming from manufacturing, this industry is the biggest in Ludhiana. The city is renowned for producing clothing, sporting items and hosiery. Engineering, compounds and textiles are some of Ludhiana’s additional significant manufacturing sectors. In Ludhiana, the services industry is expanding quickly. Numerous medical centres, financial organisations and educational institutions are located in the city. In Ludhiana, the IT and tourism industries are also growing.
List of top companies in Ludhiana
IOL Chemicals and Pharmaceuticals
Industry– Chemicals and pharmaceuticals
Sub-industry- Industrial chemicals
Company type- India’s Top 500
Location– Industrial Area- A, Ludhiana, Punjab 141003
The leading provider of APIs to the pharmaceutical sector is IOL Chemicals and Pharmaceuticals Limited. A powerful scientific and technological staff at the organisation consistently creates new APIs.
Trident
Industry– Chemical, Power, Green Energy, Textile, Paper, Publishing
Sub-industry- Industrial Chemical, Pulp, Energy, Power Generation, Thread, Textile, Accessories
Company type- India’s Top 500
Location– Kitchlu Nagar, Ludhiana, Punjab 141001
One of the giant textile corporations in India is the Trident Group. The organisation is present throughout the textile value chain, from churning to garment production. Over 50 nations around the world are recipients of Trident Group products.
Kochar Tech
Industry– IT
Sub-industry- Software development
Company type- Private limited
Location– Jawahar Nagar, Ludhiana, Punjab 141001
In Ludhiana, Kochar Tech is one of the top software development firms. Custom software development, web development, developing mobile apps, and IT guidance are just a few of the many services in software development offered by the business.
Vardhman Textiles
Industry– Garments and textiles
Sub-industry- Thread, Fibre, Accessories
Company type- India’s Top 500
Location– Guru Teg Bahadur Nagar, Ludhiana, Punjab 141011
A renowned producer of yarn and fabrics is Vardhman Textiles Limited. The business dominates the domestic market and sells its goods in more than 50 nations worldwide.
Hero Cycles
Industry– Bicycles
Sub-industry- Two-wheelers
Company type- Public limited
Location– Industrial Area- A, Ludhiana, Punjab 141003
The most prominent exporter of bicycles worldwide and the biggest bicycle producer in India are both Hero Cycles. Bicycles from Hero Cycles come in various styles, including road bikes, hybrid bikes, mountain bikes, and kids’ bikes.
Aarti Steels
Industry– Textiles, Iron & steel
Sub-industry- Thread, accessories, textile
Company type- India’s top 501-1000
Location– Focal Point, Ludhiana, Punjab 141001
Aarti Steels is an industry-leading producer of steel goods. Coils that are hot-rolled, cold-rolled, galvanised, and colour-coated are among the company’s offerings.
Monte Carlo Fashion
Industry– Garments, E-commerce, retail
Sub-industry- Apparel stores and readymade garments
Company type- India’s top 501- 1000
Location– Sarabha Nagar, Ludhiana, Punjab 141001
The leading producer of branded readymade clothing is Monte Carlo Fashions Limited. The brand “Monte Carlo” is used to market the business’s products. Products from Monte Carlo Fashions Limited come in various designs and materials.
Arihant Corporation
Industry– Education
Sub-industry- Online Education
Company type- Private limited
Location– Focal Point, Phase 5, Ludhiana, Punjab 141010
A company called Arihant Experts offers classes and lessons online on various topics, including banking, the accounting profession, and finance. The company’s categories are made to assist students in acquiring the abilities necessary to succeed in the workforce.
Commercial real estate demand in Ludhiana
Office space- The expansion of the IT and ITES industry has increased the requirement for office space in Ludhiana. The need for office space is being driven by these businesses’ ongoing expansion of their businesses.
Rental property- The expansion of the manufacturing industry has increased the demand for housing for rent in Ludhiana as well. Numerous manufacturing businesses, such as Vardhman Textiles, Aarti Steels, and Monte Carlo Fashions, are based in the city. The requirement for rental properties is increasing as a result of these businesses’ ongoing hiring of additional workers.
Impact- The city of Ludhiana’s economy is benefiting from the rising demand for industrial real estate there. A significant employer and source of income in the town is the real estate industry. The growth of new equipment in the city is a result of the increased demand for commercial property, which is helping the economy even more.
Impact of companies on Ludhiana
The economics, employment, and general development of the city of Ludhiana are significantly influenced by the local businesses. The businesses in Ludhiana make a variety of economic contributions to the city. They draw investment, produce income, and create jobs. Additionally, the companies support the city’s exports. The businesses in Ludhiana play a variety of roles in the growth of the town. They offer infrastructure like bridges and roadways and contribute to the environmental improvement of the city. The businesses also contribute to the development of a lively, multicultural city.
FAQs
What field is well-known in Ludhiana?
Hosiery manufacturers dominate the economy of Ludhiana, while other significant industries include the fabrication of cotton textiles, steel, and machinery, as well as the processing of food-related supplies.
What is Ludhiana's primary industry?
Currently, Ludhiana is the largest city in Punjab and North India (second to Delhi). There is a fabric organisation called Vardhman Group. Vardhman was founded by Lala Rattan Chand Oswal in 1965.
What place does the city of Ludhiana hold in cleanliness?
According to the latest Swachh Vayu Survekshan report, Ludhiana did poorly, coming in at number 26 out of 47 cities with a population of at least 10 lakh. The Central Pollution Control Board (CPCB) undertook the Sarvekshan (Clean Air Survey-2023).
What is the renowned Ludhiana product?
Ludhiana is Punjab's textile house that is renowned for its exquisite selection of fabrics, woollens, hosiery, and even textiles machinery that is exported to other regions of the nation.
Is the city of Ludhiana big or small?
In the Indian state of Punjab, Ludhiana (pronounced in Punjabi) is both the most extensive and most populous city.
Which Ludhiana marketplace is the most well-known?
One of the busiest and oldest markets in Ludhiana is called Chaura Bazar. It is highly recognised for its export textiles, which include luxurious silks and soft cotton materials.
Is the manufacturing sector in Ludhiana small?
Numerous small-scale companies that produce industrial products, machine parts, auto parts, appliances for the home, hosiery, clothing, and garments are located in the city.
Is Ludhiana a central urban area?
Ludhiana and Amritsar, two major cities in Punjab, are both situated along National Highway 1. Amritsar reached the list of metro cities in 2001, while Ludhiana was the first one in Punjab in 1991.
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