Ludhiana textile industry faces rising costs

Ludhiana, known as India's knitwear hub, is struggling with rising raw material costs. Prices for hosiery, knitwear, and garments have increased by around 40% in a few months.

Wholesale inflation for textiles and chemical products has risen sharply. Cotton prices have also gone up, and smaller manufacturers are finding it hard to cope with the rising costs and shrinking profits.