Under the DC SSI scheme of Sub Contracting Exchange for small scale and medium enterprises, Knitwear Club has been sanctioned a Sub Contracting exchange for promoting and betterment of Ludhiana Knitwear Industry . The Subcontracting Exchange will be technical information, promotion and match making center for industrial subcontracting and partnership between main - contractors, suppliers and subcontractors, aiming at the optimal utilization of the manufacturing capacities of the affiliated industries. Its main function will be of facilitation and creation of linkages among segments for mutually win-win relationships. Subcontracting is a form of industrial cooperation, involving supplier relationships between small/medium enterprises and larger businesses. SMEs gain access to larger markets, regular orders, learning opportunities and, in many cases, beneficial pressure to achieve consistent and higher quality standards.
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