Exports

Wool Industry in India

Wool Industry in India

Last Updated: August, 2013

Introduction

India is the seventh-largest producer of wool and accounts for nearly 2 per cent of total world production. The global textile and clothing trade was estimated to reach US$ 691 billion in 2011, representing a growth rate of 5.45 per cent for the period 2006 to 2011.

India has the third largest sheep population in the world with 71 million sheep. The annual wool production is in the range of 43-46 million kg.

The wool textile industry in India is poised to grow at a healthy rate. A higher rate of technology penetration into this industry, coupled with government incentives and other capacity-building initiatives have resulted in increased exports, besides stimulating domestic consumption.

Key Markets and Export Destinations

The US and the EU markets are the key destinations for Indian wool and wool-blended products and are the key drivers for the growth of Indian wool exports. Indian exporters are also geographically diversifying their exports to other regions such as Middle East, Latin America, Southeast Asia and East Asia to increase their footprint in global markets.

The export of wool and wool-blended products (readymade garment wool, woollen yarn, fabrics and made-ups) for 2011-12 was US$ 508 million

Wool Industry Export Promotion Council (WOOLTEXPRO)

WOOLTEXPRO is an autonomous non-profit export promotion council sponsored by the Ministry of Textiles. It has become the international face of Indian woolen textiles by facilitating exports successfully.

Wool and woollen products export stood at US$ 508 million during 2011-12.

Source:
Ministry of Textiles

WOOL E-BROCHURE

Other Export Promotion Councils:

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

AEPC

1 - Churchgate Chambers
7th Floor, 5, New Marine Lines
India

Tel.:+91-22-22624372
Fax: +91-91-22-22624675
Email: mail@wooltexpro.com
Website: www.wooltexpro.com

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