TMI BlogIndia-Australia to Collaborate for Wool Testing Facility in Mumbai Bilateral Trade Touches US$ 14.90 Billion in 2011.X X X X Extracts X X X X X X X X Extracts X X X X ..... India-Australia to Collaborate for Wool Testing Facility in Mumbai Bilateral Trade Touches US$ 14.90 Billion in 2011. - News and Press Release Dated:- 2-5-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 02-May-2012 18:09 IST India-Australia to Collaborate for Wool Testing Facility in Mumbai Bilateral Trade Touches US$ 14.90 Billion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in 2011 India and Australia is 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 today that process of the approval of the draft for the MoU is in the final ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 Assosciation 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 i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mproved 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 bei ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. **** DS/GK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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