Related Keywords: association of Woolmark shawls licensees, boost the sector, create Wool Technology Centre, development of new wool processing technologies, encourage research and development, Guru Nanak Dev University, Shawl manufacturers based in Northern region, sought intervention of Textile Ministry, static exports, worried over dwindling domestic sales
The shawl manufacturers based in the Northern region have sought the intervention of Textile Ministry to boost the sector worried over the dwindling domestic sales and static exports. In the last fiscal, the total woollen exports from India were to the tune of Rs 3,136 crore. Out of this, shawls worth Rs 1,000 crore were exported. While, the export of shawls was more or less same as compared to the previous fiscal, domestic sales plummeted by 20-25% on account of shorter winter period. The total domestic market for shawls is estimated between Rs 3,000 crore and Rs 3,500 crore.
