First rain of season brings smile on face of hosiery industry
For the past some years, uncertain weather has caused disappointment among the hosiery industry of Ludhiana. Year after year the industry rues that due to delayed winters their stocks keep piling up in godowns causing financial damage to the industry.Updated: Dec 14, 2014 23:46 IST
For the past some years, uncertain weather has caused disappointment among the hosiery industry of Ludhiana. Year after year the industry rues that due to delayed winters their stocks keep piling up in godowns causing financial damage to the industry.
The first rainfall in the region on Saturday has although brought smiles on the face of hosiery industry, they say that due to delayed winters manufacturing is affected every year. The industry has to delay the manufacturing of winter wear by some days due to extreme summers even in October. Production of winter wear starts in April every year.
Knitwear club secretary Charanjiv Singh said the first rain has come as a good signal for the hosiery industry, as it would increase the sale of woollens at retail outlets, thus providing boost to the wholesalers and manufacturers. “The trend of delayed winters every year has definitely come as a setback for the industry. Manufacturing period of different goods has also been affected due to this trend,” Charanjiv said.
Industry leaders say that earlier there were only two seasons for which the industry produced winter wear that included winter and summer season, but now two more seasons that include mid-winter and mid-summer have been added in the production period of the industry that has also affected the hosiery business.
Light articles, including sweatshirts are manufactured for mid-winter and mid-summer season when there is neither extreme heat nor cold wave. Industry claims that production of cardigans has been marred due to trend of sweatshirts. However sweatshirts have not been able to make an established market so far, the industry claims.
Most of the wholesalers would not place order for new products lying in the godowns of manufacturers unless they get orders from retail outlets in the region.
Though major part of manufactured goods have already been sent to states in different parts of the country, but with the onset of extreme winters a major demand of goods come from New Delhi where retailers have formed an association that directly contacts Ludhiana manufacturers demanding woollen clothing.
Booking for summer products would also start in the last week of December and production in January.
Knitwear club chairman Vinod Thapar said, “A lot of stock is still lying in the godowns of manufacturers in Ludhiana. After the first rain and start of winter wave, we are hopeful that the coming days may bring some respite for the hosiery industry.”
First Published: Dec 14, 2014 23:42 IST