The opening up of Pakistan border will result in increased exports to Afghanistan from north India's hosiery hub of Ludhiana.
Speaking to fibre2fashion, Mr. Vinod Thaper, President of the Ludhiana-based Knitwear Club, said, “The trade with Afghanistan has been going on for the past 5-7 years. The trading is being done from both Ludhiana and Delhi, and it is currently around Rs. 5 billion. Most of the exports are knitwear products.”
Elaborating how the India-Afghanistan trade would widen by opening of Pakistan border, he says, “Currently, our exports to Afghanistan happen through a different channel. The knitwear items are first exported to Dubai and from there they are shipped to Afghanistan. If Pakistan opens its border, then it will benefit us, as the logistics will become simpler and freight expenses will also be less. It will help our business to grow.”
Fibre2fashion News Desk - India