Australia is the largest wool exporter in the world, with 200 million US Dollars of wool exports to India.
The Union Minister of State for Textiles, Panabaaka Lakshmi Friday discussed the modalities for a Memorandum of Understanding (MoU) on wool cooperation with Australia's Parliamentary Secretary for Agriculture, Fisheries and Forestry, Mike Kelly, in Canberra, the capital city of Australia.During the discussions, the minister proposed an MoU on cooperation in the field of wool sector. She sought help in establishing a world class laboratory at Mumbai in the Wool Research Association in collaboration with Australian Wool Testing Authority (AWTA).
Lakshmi also proposed for an exchange programme for Indian sheep breeders to visit Australia, grading and marketing, breed improvement for betterment of Indian wool and a proposal for setting up of wool exchange.
Australia is the largest wool exporter in the world, with 200 million US Dollars of wool exports to India. This export envisages substantial increase in the spindlages of Indian wool and textile mills.