Ludhiana: The takeover of the Afghanistan Taliban provides a night without sleep to the city-based garment industry.
Entrepreneurs, who exported sweaters and scarves there, have suspended the production of orders they have received.
There is no payment of the Ludhiana industry trapped in Afghanistan.
Entrepreneurs actually accept payments in advance from their customers, which are ordinary practices.
However, they panic over the future of trade with Afghanistan.
Importers, meanwhile, warn that the situation in Afghanistan will lead to increases over dry fruit levels.
Vinod Thapar, Knitwear President and club shawl, “There is a good market of Ludhiana’s products in Afghianistan, and sweaters and scarves are worth some crores exported there.
But after the Taliban controls, there is panic between exporters.
Until now we have suspended processing orders Recently received from Afghanistan, because we first need to see how it is open in the coming days.
It is likely that regulations and regulations related to international trade will be changed by the Taliban and if the civil war breaks, shops And the business will be closed.
“Thapar said they maintained a close watch on the situation and was constant.
Touch with the buyer, who, too, has asked to wait a few days.
“The majority of our customers have the view that the situation will normalize and trade will continue without problems as the Taliban appoint all government ministers and officials,” he added.
Harish Kairpal, Finance Secretary of the Knitwear club, said that this situation reminded us in 1996 when the Taliban took control of Afghanistan and exports remained suspended for months, because some of our buyers went to communicate.
Finally, the restored trade and export of textiles from India began .
this time there was little change because we are in touch with our customers because communication lines are still active.
Afghanistan may not be the largest market for textile and garment industry Ludhiana, but accounted for exports significantly.
Fiscal, there has been no exports of T-shirts and products other allied fibers Synthetic around Rs 125 Crore and Sweaters and Cardigans more than RS 33 Crore.
“By asserting that Afghanistan is one of the best countries to deal with as a trader there against each order and also make full payment at the time of delivery, Cairpal said,” Even now advance payment of some cr Ores Afghan traders lie with the Ludhiana industry.
We are under load and we process their orders or return their money.
“Dried fruit will be deugeraccording to Rohit Gupta, President Importer Exporter of Punjab,” The situation in Afghanistan will have a big impact on dried fruits such as figs, pistachios, dry aprikon, dry bases and even almonds.
Amritsar and Ludhiana are one of the largest markets of dry fruits after Delhi and Indore, and the level of goods imported from Afghanistan will definitely register an increase, because their supply will remain suspended for some time.
Exporters from Afghanistan have expressed their inability to send consignments until the new government is formed.
“