Woollen Industry aims to achieve target of US$ 2.5 billion by 2029-30: Khajuria

Committee of Administration of WWEPC during a meeting at New Delhi.
Committee of Administration of WWEPC during a meeting at New Delhi.

Excelsior Correspondent
JAMMU, Aug 31: Romesh Khajuria, Chairman, Wool & Woollens Export Promotion Council (WWEPC), Ministry of Textiles, Government of India has stated that Woollen Industry will be able to achieve the target of 2.5 billion USD by the year 2029-30. Khajuria was speaking on the occasion of 184th meeting of Committee of Administration of the Council held at New Delhi.
Romesh Khajuria informed that  various meetings/sessions have been chaired by Minster of Commerce & Industry and Textiles, Piyush Goyal, Commerce Secretary, Textiles Secretary, joint secretaries, Trade Adviser and senior officials of the Government. These meetings were held to review export performances, discuss issues faced by the industry and to other export related issues.
Khajuria informed that Government of India under the leadership of world popular leader, Narendra Bhai Modi Prime Minister fixed the export target of one trillion USD by 2029-30.  Export target of woollen sector 2.5 billion USD is fixed which is practical and can be achieved with continuous annual export growth of about 18.5 % . Khajuria further informed that WWEPC is in process to prepare a detailed roadmap to achieve it.
Khajuria said that as a part of an initiative to promote the export of Indian Woollen Products, the Council organized participation of member-exporters in various international trade fairs and exhibitions during 2022-23 under Market Access Initiative (MAI) Scheme in France, Dubai, Sweden, USA, Italy, Morocco, Japan, Spain & UK details are mentioned in the agenda part. In addition WWEPC organized successful organisation of RBSM in New Delhi in March 2023 along with impressive fashion show. WWEPC also organised/attended the Capacity Building Programmes to encourage new Entrepreneurs to pursue for exports as a business and issues faced by the industry.
Sumir Dhir, Vice Chairman, presented vote of thanks