page_title: Ludhiana
section_title: Economy
hierarchical_section_title: Ludhiana / Economy
caption_attribution_description: English: this is the picture of Feroze Gandhi market Ludhiana
context_page_description: Ludhiana is a city and a municipal corporation in Ludhiana district in the Indian state of Punjab. Ludhiana is Punjab's largest city and the largest city north of Delhi. The city has an area of 311 km² and an estimated population of 1,618,879 as of the 2011 census. The city stands on the Sutlej River's old bank, 13 kilometres south of its present course. It is an industrial center of northern India, often referred to as India's Manchester by BBC. Ludhiana is among the list of smart cities that will be developed by government of India, and has been ranked as the easiest city in India for business according to the World Bank.
  Ludhiana is 107 kilometres west of the state capital, Chandigarh, and is centrally located on National Highway 44, which runs from New Delhi to Amritsar. It is 315 km north of Delhi and 142 km southeast of Amritsar.
context_section_description: The World Bank ranked Ludhiana as the city in India with the best business environment in 2009 and 2013. The riches are brought mostly by small-scale industrial units, which produce industrial goods, machine parts, auto parts, household appliances, hosiery, apparel, and garments. Ludhiana is Asia's largest hub for bicycle manufacturing and produces more than 50% of India's bicycle production of more than 10 million each year. Ludhiana produces 60% of India's tractor parts and a large portion of auto and two-wheeler parts. Many parts used in German cars such as Mercedes and BMW are exclusively produced in Ludhiana to satisfy the world requirement. It is one of the largest manufacturer of domestic sewing machines. Hand tools and industrial equipment are other specialties. Ludhiana contribute most to Punjab than any other city.
  The apparel industry of Ludhiana, popularly known as Ludhiana hosiery industry provides employment to millions of people and produces India's largest share of winter clothing. It is especially known for its woollen sweaters and cotton T-shirts with the majority of India's woollen clothing brands being based here. Ludhiana is also famous for its industry of shawls and stoles and satisfies the demand of major domestic and international brands. As a result of its dominance in the textile industry it is often dubbed as the Manchester of India. Ludhiana also has a growing IT sector with multiple software services and product companies having development centers in the city.
  Ludhiana is also home to the Ludhiana Stock Exchange Association. LSC is situated on NH95(Chandigarh-Ferozepur Highway) in Feroze Gandhi market near Mini Secretariat Ludhiana.
caption: Feroze Gandhi Market, Ludhiana
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