Ludhiana is the largest city in the north Indian state of Punjab. It is one of the richest cities in our country. The city is known to be a textile manufacturing hub in the north. It has a lot of large, medium and small scale manufacturing units. Ludhiana is also known for its industrial units. These units mostly produce and supply for bicycle and auto parts. The city is centrally located in the middle of the state. It provides a lot of employment opportunities to people from the state as well as across the country. Ludhiana also has substantial agricultural lands in the outskirts of the city that require a lot of manpower supplied by various parts of India. Ludhiana has been on a consistent upward trajectory due to its industries and it is rumored that Ludhiana has the largest number of imported luxury vehicles in the whole nation. The central city is densely populated with many markets and small trading units. On the education front, this city is home to the largest agricultural university in the continent called the Punjab Agricultural University. Besides this, there are some old and modern colleges such as Christian Medical College, Sri Aurobindo College of Commerce and Management, University Business School, etc. There are a few places in Ludhiana that attract visitors. Phillaur Fort, Maharaja Ranjit Singh war museum, Gurudwara Nanaksar Jagroan, Nehru Rose Garden, etc. are of great tourist interest. Ludhiana is soon becoming a hub of real estate since plenty of commercial and residential projects are coming up in the city, opening up multiple new job avenues.
The Deutsche Bank was founded in 1870, and its first domestic branches were opened in Bremen and Hamburg in 1871 and 1872. The branch opening in London was a prime necessity for the establishment of credit for the German trade. Significant projects in the early years of the bank included the Northern Pacific Railroad in the US and the Baghdad Railway in 1888. In Germany, the bank was contributory in the financing of steel company Krupp (1879) bond offerings. In the 1890s, the new period of expansion at Deutsche Bank began. The bank associated with some giant regional banks, making its entry into leading industrial regions of Germany. Joint ventures were symptomatic of the concentration then underway in the German banking industry. Having domestic branches of its own was still something of a rarity for Deutsche Bank; in 1886 the Frankfurt branch established and the Munich branch in 1892, while further offices were opened in 1901 in Dresden and Leipzig. The formation of Deutsche Ueberseeische Bank in 1886 was gently pressurized by the foreign ministry, and three years later the stake was taken in the newly established Deutsch-Asiatische Bank. But the success of those companies showed that their existence was commercially justified.