Excelsior Correspondent
JAMMU, Oct 7: Wool and Woollens Export Promotion Council (WWEPC), Union Ministry of Textiles celebrated its 58th Establishment Day here today.
Romesh Khajuria, Chairman WWEPC, who was chief guest on the occasion, said that the council was established to look into the issues as well as hardships being faced by the manufacturer and exporters of woolen products in early 60s when our country had just entered into foreign trade and introduced domestic woolen products in international market.
He further said that Union Minister of Commerce and Industry and Textiles, Piyush Goel has recently signed FTA with Australia which enables Indian importers to import raw wool at zero duty.
Khajuria said that production of wool in the country is not sufficient to meet demands of the wool industry particularly for the apparel sector and most of it is being imported from Australia, New Zealand, China and many other countries.
“Total production of raw wool in India was 40 to 48 million kg approx during the last decade. Out of the total wool produced in India, about 85 per cent is carpet grade wool, 5 per cent apparel grade and remaining 10 per cent coarser grade wool for making rough blankets etc,” he maintained adding: “India exported woolen products worth Rs. 5300 crore in 2021-22 (excluding woolen carpets) and registered growth of 30 per cent over the last year.
Khajuria also said that woolen yarn and articles of wool apparel and clothing accessories (both knitted and woven) are among India’s largest exported woolen products.
“India exports wool and woolen products to more than 150 countries around the world.
Suresh, Executive Director WWEPC shared best wishes and cooperation from its members.
WWEPC also appreciates hard work of export fraternity in achieving the ambitious export target of US $ 400 billion during 2021-22, envisioned by PM Modi.
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