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Opinion Want to start a business? Try Ludhiana

Discussion in 'Punjab, Punjabi, Punjabiyat' started by kds1980, Jul 1, 2009.

  1. kds1980

    kds1980 India
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    Want to start a business? Try Ludhiana





    If you want to start a business in India, which city would you choose?

    The just-released World Bank report, Doing Business in India 2009, has an answer: Ludhiana. Hyderabad and Bhubaneshwar were ranked second and third respectively by the report.

    Delhi has been ranked sixth among the 17 cities that have been included in the report, while Kolkata is at the bottom of the table.

    Dealing with construction permits, registering property, paying taxes, enforcing contracts, trading across borders and the ease of closing a business were the parametres on the basis of which the report was prepared.

    The report added that the cities most conducive to business, where a unit can be started in the shortest possible time (in 30 days), are Mumbai and Noida. In terms of cost, it is least expensive to begin in Patna.

    Ahmedabad, Jaipur, Chennai, Indore, Ranchi, Guwahati, Kolkata and Kochi are some other places where setting up shop is easy.

    Speaking at the release of the report, Industry Secretary Ajay Shankar said: “The timing of the report is just right because India is ready to take on any super power.”

    The report also states that compared to economies worldwide, cities in India lag when it comes to closing a business and paying taxes.
     
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  3. dalsingh

    dalsingh
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    Good old Ludhiana. Yey!
     
  4. dalbirk

    dalbirk
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    As a resident of Ludhiana I'm proud to read it . Ludhiana is virtual goldmine for anybody willing to go through the grind .
     
  5. dalsingh

    dalsingh
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    It is a good industrial area with lots of workers available. It is just a shame that the government doesn't do anything to make the roads better. I haven't been in over 10 years actually, are the roads sorted out yet?

    What is happening with the tube system they said they were going to build, is it done yet?
     
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