India's woolen product exports are likely to surpass US$ 500 million target set for the current financial year 2013-14 due to growing demand from the US and the EU, Ashok Jaidka, chairman of Wool & Woollens Export Promotion Council (WWEPC) has said, Business Standard reported. Mr. Jaidka said Indian woolen product exports would be 1-2 percent above the $500 million target for the current year as demand for woolen items has reemerged in the US as well as the European countries. He mentioned that the Indian wool exporters took part in several exhibitions in various countries this year and received good number of orders, especially from France, Italy, the UK and the US.
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