Sustainability and Economic Growth of In-House Units: A Case of Jalandhar’s Sports Industry
SUBMITTED BY:
RANJAN KUMAR (12316742),
Student, Mittal School of Business, Lovely Professional University, Phagwara (Punjab)
LAXMIPRIYA CHAKRA (12311091),
Student, Mittal School of Business, Lovely Professional University, Phagwara (Punjab)
NEETEESH KUMAR (12310129),
Student, Mittal School of Business, Lovely Professional University, Phagwara (Punjab)
Under The Guidance of:
DR. AVTAR SINGH
ASSISTANT Professor
Mittal School of Business
Lovely Professional University, Phagwara (Punjab)
ABSTRACT
Jalandhar’s sophisticated history with the production of sports goods has earned it a distinct position in the world where traditional practices meet to industrial advancements. Globalization, sustainability, and the growing role of government policies have recently transformed this sector. The aim of this research is to understand the processes through which micro and small scale units of sports goods manufacturers from Jalandhar are adapting to the drastic shifts from global market integration, increased ecological consciousness, and policy frameworks.
As a consequence of globalization, the author seeks to understand the effects it has had on sports goods manufacturing units in houses. With the loosening of trade restrictions, the interrelation of markets and commerce increases, presenting Jalandhar based producers with both new prospects and new challenges. This research explores the degree to which in-house manufacturing units have gained access to international markets, their subsequent changes in export expectations, and how they have dealt with evolving buyer-seller dynamics. Furthermore, it examines the competition that is emerging from outside the country and the need to embrace technological advancements to sustain relevance, operational efficiency, and competitive costs. The results showed that some businesses suffer from the pace of international expectation, while others have been able to use globalization for growth.
