Home / Knowledge / News / Textiles / Carpet sector seeks ban on wool exports to India
Carpet sector seeks ban on wool exports to India
05
Mar '11
The Pakistani carpet industry has recently called upon the government to halt export of wool to India.

The large scale export of wool to India has resulted in severe scarcity of the commodity in domestic market, alongside which, wool prices have grown almost two-fold in a very short period.

The carpet industry in Pakistan is already struggling for survival, as it is faced with multiple issues including the ones of wool scarcity and prevalence of high prices, and now when the raw material prices have almost doubled; it has become even more difficult for the industry to survive.

Industry experts here are of the opinion that, in order to ease the situation the government should introduce some incentives, in order to promote sheep farming in the country.

Prevalence of high wool prices in the country have resulted in carpet exports plummeting to $100 million, from $300 million a year ago.

Further, the government has also been urged to exercise a check on wool prices to avoid emergence of any catastrophic situations.

It was sought of the government, to take firm steps against those involved in malpractices like hoarding, overpricing or taking undue advantage of the situation.

This is not only depriving the country from earning considerable foreign exchange, but is also adding to the troubles of the workforce engaged in the sector.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

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

Nisha Chanda
Whistling Woods International School of Fashion

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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