Commerce
Jalandhar ranks second in India in the rate of urbanisation and has the highest density of population at 598 persons per square km, as per the 1991 census. The reason for this is growing industrialisation. Industrial production of sports goods began on a small scale during the late forties. Over the years, the sports goods industry has grown at an impressive rate and of late Indian sports goods are also exported to different countries.
Most of India's sports goods are exported to the United Kingdom, The United States of America, Germany, France and Australia. Rough estimates suggest that today Jalandhar has more than one hundred major industries and about 20,000 small-scale industries with a most conservative estimate of an annual turnover of approximately Rs 450 crores The industry is mainly concentrated in Jalandhar and Meerut. The Indian sports goods industry manufactures 318 items. The Indian sports goods industry is a highly labour intensive industry which provides employment to the weaker sections of society and also employs a large number of women. The sports goods industry in India has witnessed a phenomenal growth over the past five decades and now occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and export.
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Famous quotes containing the word commerce:
“Honour sinks where commerce long prevails.”
—Oliver Goldsmith (1728–1774)
“Practically speaking, the opponents to a reform in Massachusetts are not a hundred thousand politicians at the South, but a hundred thousand merchants and farmers here, who are more interested in commerce and agriculture than they are in humanity, and are not prepared to do justice to the slave and to Mexico, cost what it may. I quarrel not with far-off foes, but with those who, near at home, coöperate with, and do the bidding of, those far away, and without whom the latter would be harmless.”
—Henry David Thoreau (1817–1862)
“It was you that broke the new wood,
Now is a time for carving.
We have one sap and one root—
Let there be commerce between us.”
—Ezra Pound (1885–1972)