Panipat, FEB 6: The industrial hub of Panipat has emerged as a global powerhouse in textile manufacturing, with local units now producing 4,000 tonnes of blankets daily to meet surging domestic and international demand. Industry experts mentioned that the city’s proximity to the national capital and favorable government policies, such as the removal of floor area ratio (FAR) caps, have fueled this rapid industrialization.
While the domestic market remains the primary focus, the industry is increasingly looking toward the European Union’s Rs 45 lakh crore market. Currently, only about a dozen of the 150 local units are involved in direct exports, but sector leaders expect this number to grow as documentation for new trade deals is finalized.
Pankaj Bansal, president of the Madalauda Zone Industrial Association, said the year has been consistently strong for local businesses. “With the free trade agreement with the EU and UK and trade deal with the US, we have been expecting that in the coming time the export of blankets will get a boost,” he said, noting that demand stayed steady throughout the year.
The pricing for the season reflected the diverse range of products available, with common mink blankets at Rs 200 per kg and premium flano reaching Rs 270 per kg. Manufacturers noted that the industry’s success is also due to the availability of world-class machinery, which has allowed them to match the quality of international competitors.
Naveen Bansal, a founder member of the All India Industries Association, noted that Panipat is quickly becoming a global textile landmark. “Panipat is emerging as the Manchester of textiles on the global map, but this is just the beginning. The future of Panipat is very bright and in the coming years hundreds of industries related to textile will be manufactured here,” he said.
