Related Keywords: affected medium sized manufacturers in Ludhiana and Amritsar, current FY, due to slowdown in demand, European Union and the UAE, exploring options, India likely to miss its target of wool and wool-blended exports, main export markets, moderation in commodity prices, set of USD six hundred ten million, the US, Woollen manufacturers
India is likely to miss its target of wool and wool-blended exports set of $610 million for 2016-17 due to slowdown in demand in its main export markets – the US, European Union and the UAE and moderation in commodity prices.
Punjab accounts for 35 percent of the total exports of wool and wool-blended products, followed by Maharashtra and Rajasthan. The slowdown in global demand has affected medium-sized manufacturers in Ludhiana and Amritsar.
