The industry in the district lags behind in terms of adopting latest technology and marketing tools. A study of MSMEs in the district conducted by the Chamber of Commercial and Industrial Undertakings (CICU) has found that only 27 per cent of the units have their websites and just 9 per cent of t…
Tag: Avtar Singh
Demonetisation Effect | Cash crunch hits cycle hub; No sales, production slashed
It’s been nearly three weeks since Rs 500 and Rs 1,000 notes were withdrawn from circulation, and the cash crunch has severely hit the supply chain of India’s Rs 7,000-crore cycle hub in Ludhiana. Ludhiana produces 1.45 crore bicycles a year, with almost 60 different parts manufactured by around …