Home / Knowledge / News / Apparel/Garments / Hike in Woolmark fee upsets Ludhiana garment makers
Hike in Woolmark fee upsets Ludhiana garment makers
04
May '12
Woolen garment manufacturers in northern India's textile hub of Ludhiana are unhappy over the recent hike in the fee for Woolmark license.

The Australian Wool Innovation (AWI), a non-profit organization owned by Australian wool growers, has increased the license fee for retaining the Woolmark brand on garments to US$ 3,750 per annum from the earlier US$ 2,500 per annum for individual units.

If a garment maker applies through a five-member association, the fee payable will be US$ 7,500 instead of the earlier US$ 5,000 per annum.

The city of Ludhiana in Punjab state has about 56 AWI license holders.

The issue was discussed during a meeting between Ludhiana garment producers, represented by the Wool Club, and the visiting AWI members.

The wool industry is experiencing a bad phase after shortened winter in the last season and an increase in Woolmark license fee at this stage is inappropriate, Shyam Bansal, Chairman of the Wool Club, said.

The Wool Club's request to postpone the increase in license fee by at least a year was rejected by AWI members, he said.

In addition to the hike in license fee, the AWI has also decided to collect an additional amount if the license holders exceed the sales target of US$ 750,000 per annum.

The Wool Club requested the AWI to increase the sales target for levying of extra charges to US$ 1.250 million per annum, but the AWI Country Manager Amir Sheikh gave no assurance in this regard.

The Wool Club members said the prices of garments have increased owing to inflation and hence the sales target figure should be revised upwards.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search