Australian firm plans weaving clusters in Gujarat, Manipur

Plans to imbibe Australia's Merino wool in handloom clusters to raise imports

textile industry, wool, wool imports
Vinay Umarji Ahmedabad
Last Updated : Jul 05 2017 | 11:56 PM IST
In a bid to raise imports of the premium Merino wool from Down Under, Australia's The Woolmark Company is planning to tap handloom weaving clusters in Gujarat and Manipur. The Woolmark Company, which represents 55,000 wool growers in Australia, hopes to raise imports of Merino wool in India on the back of varied textile products.

“About 85 per cent of Indian wool is that of carpet grade, with 10 per cent being coarse grade and only five per cent apparel grade. The textile and apparel industry imports bulk of its wool from Australia. Yet, as against China’s 80 per cent share, India has merely five per cent share in Australia's Merino wool exports. Going forward, however, we wish to imbibe the premium Merino wool in India's handloom sector through such clusters,” said Arti Gudal, country manager, The Woolmark Company.

Australia is expected to produce 300 million kg of wool in 2017-18, which comes to about 90 per cent of the global wool market. While most of the worsted suiting and knitwear industry in India uses Australia’s premium Merino wool, The Woolmark Company anticipates a scope for a bigger market here. Against a total demand of 148 million kg of wool across the textile value chain, India produces only 48 million of domestic wool and imports 17 million kg of wool, worth $165 million, said Aditi Rout, trade advisor wool, Ministry of Textiles.

In its efforts to explore a bigger market for the wool, The Woolmark Company has already entered into a collaboration with the Tiruppur Exporters’ Association (TEA).

“The Rs 26,000-crore Tirupur apparel industry is heavily dependent on cotton. However, last year the industry association started a workshop on use of Merino wool for knitwear. As on date, already seven companies here have begun manufacturing knitwear using wool,” said R M Shanmugham, TEA president, while refusing to divulge wool-based knitwear production details of the industry.

To further boost imports, The Woolmark Company has also announced the second phase of its Grown in Australia, Made in India initiative. The campaign will highlight the farm-to-fashion journey of Merino wool - growing in Australia before being transformed into unique fashion pieces in India. The campaign aims to further connect brands, manufacturers and the Government of India across the wool supply chain; this year will also allow consumers to join the journey.

“The campaign will be a four-month-long project starting from September and ending in December. Through this initiative, we will bring to light the different stakeholders of our journey - the Kullu weavers of Himachal Pradesh, the wool shawl and knitwear industry and our collaboration with commercial brands who have endorsed Merino wool in India," Gudal said.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story