The complete control of Afghanistan under the Taliban regime has not only troubled Afghan nationals but has posed a tremendous threat for countries in the trading business, especially for India. In one such instance, Ludhiyana’s sewing industry foresees an occurrence of heavy loss due to the ongoing crisis.
While Speaking to ANI, Jagjit Singh Sokhi, President of Sewing Machine Industries, Ludhiyana, said that as the Taliban has taken over control of Afghanistan, the sewing machine industry is expected to witness a threat. Sokhi said every year 1.5 lakh sewing machines and 5-6 lakh spare parts are sent to Afghanistan, and on average 150-200 crores are earned annually from the business.
Sokhi predicts a fall of 40% trade with Afghanistan, as the country has been a potential buyer of their machines every year.
Started in 1942 in Ludhiyana, the sewing machine industry is an age-old business running for decades and is considered famous for its superior quality, Sokhi added. Apart from domestic sales, sewing machines of Ludhiyana are exported to many Middle East countries and out of total exports, 70 percent of the machines are supplied to Afghanistan.
There are 6000 units of big and small sewing machines in Ludhiyana that account for a turnover of 1200-1500 crore annually. However, due to the ongoing crisis in Afghanistan, many of the sewing machine units have curbed their production to 50 percent owing to a forecast of incurring a loss.