Home / Knowledge / News / Textiles / India & Australia to set up wool testing lab in Mumbai
India & Australia to set up wool testing lab in Mumbai
03
May '12
India and Australia are in the advanced stage of finalizing a MoU on the production and trade of wool and woolen products in India and Australia. The Union Minister of Commerce Industry and Textiles Shri Anand Sharma informed the visiting Australian Minister of Sports, Industry and Innovation Ms Kate Lundy, here that process of the approval of the draft for the MoU is in the final stages.

“We are seeking to setting up a world class wool testing laboratory in Mumbai in collaboration with the Wool testing Authority in Australia and Wool Research Association in Mumbai,” Shri Sharma said.

The MoU will explore possibilities for enhanced cooperation and development in the field of wool and woolen products by way of capacity building, research and training, in areas including improved wool production, quality assurance and testing, skills development and improvement, integrated wool processing and development, and marketing systems.

Furthermore, collaboration with the Australian wool exchange for establishing a wool exchange on similar lines in Indian and collaboration with Australian Wool Innovation for promotion of manufactured wool products to boost the efforts being made by Wool Texpro are also on cards.

Textiles imports from Australia during the calendar year 2010 was USD 155 million and the majority of it was on account of the Wool sector. India has emerged as 3rd largest supplier of apparel to Australia after China and Bangladesh.

Bilateral trade between India and Australia in the year 2011 was US$ 14.906 billion which has increased from US$ 13.701 billion in the year 2010. The figure for the period Jan-Mar 2012 is US$ 4.516 billion. Exports for the year 2011 were US$ 2.088 billion up from US$ 1.643 billion in the year 2010. The exports for the period Jan- Mar 2012 is US$ 0.819 billion. Imports for the year 2011 were US$ 12.817 billion.

Ministry of Commerce & Industry


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Nisha Chanda
Whistling Woods International School of Fashion

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

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

July 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

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

Yes No

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

Yes No

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


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



X