Industry ready for bounceback: Industry launched goods worth 25 thousand crores, target of business of 90 thousand crores in festive season till new year

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The business of the industry was greatly affected due to Corona or the farmers’ agitation in some places for the last two years. But this time the industry of the state is preparing to bounce back.

Our industry is expecting good business in the local markets as well as in other states and abroad due to less threat of third wave of corona and good paddy harvest. So the industry has also started preparations. Due to this, the demand for labor has increased in some places and there is overtime at some places. The production work is going on fast not only during the day but also at night.

Some industries have even rented vacant lands or godowns along with factories, so that there is no shortage in production during the festive season. The state’s industry has so far launched goods worth more than 25 thousand crores in the market. More than 90 thousand crore business is expected in this festive season which runs till the new year. This target is more than the total of the last two years. Industry experts say that if the situation remains normal like this, the business can exceed this target.

business increased

Handloom: Expected business of 4 thousand crores till Diwali

Handloom business is done in Panipat. Goods worth 12 thousand crores are ready here. By Diwali itself, a business of more than 4 thousand crores is expected. For this, labor is being recruited rapidly in factories. Work is being done day and night in open spaces inside and outside the factories. There is more business from abroad than from local. In winter, the work of blankets etc. will also speed up. Vinod Khandelwal, head of Panipat chapter of Haryana Chamber of Commerce and Industries said that the high cost of raw material is having an effect. Container rates have increased by 400 per cent, which is causing problems.

Automobiles: Waiting of vehicles, goods worth 50 thousand crores ready

There are automobile industries in Gurgaon and Faridabad. There are more than 23 thousand small and big units here. In the last two years, Corona had a big impact on this sector, but this time this sector is preparing to do maximum business in the festive season. Vehicles and other parts etc. worth about 50 thousand crores are ready. 80% of the goods have already reached the market. However, due to non-import of semi-conduction, full production is not taking place and due to this, booking of cars and two-wheelers is going on in advance. Pawan Yadav, president of Manesar Industrial Association, said that there is hope of getting relief from the agreement with Taiwan. Cars are in great demand till the new year. This time the business is expected to be better than the last two years.

These industries will also be monitored

Footwear: Factory operators have started making goods on the lines of three years ago. Senior Vice President of Bahadurgarh Chamber of Commerce Narendra Chikkara said that the footwear season comes after Diwali. Preparing stock now.

Metal: Rewari’s metal industry has recovered up to 60%. A 10% boost can be expected due to increased demand during the festive season. The industries of Haryana are fulfilling 70% of the total consumption of sheet metal in the country.

Electronics: There is a lot of demand in the local market. There are 250 units of mixer industry in Ambala. Principal Ajay Aggarwal told that now the industry is returning to its old condition, this time good business is expected.

Furniture: Yamunanagar is the plywood hub. There is a good boom in this business. It has a business of about 6 thousand crores. Half the industry was closed due to Corona, but now they have returned to work.

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