Punjab shawl industry to witness 10-15% growth

摘要

Despite sluggish exports, early winter and festive boom is pushing sales of shawls in North India. A significant increase in the prices of woollen yarn over the past one year and the slowdown in European markets have not dampened the spirits of Punjab's shawl industry, putting last year's negative growth of 25 per cent behind it, now it is expecting a 10-15 per cent growth this year.