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 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search