Pashmina is an ultra-fine premium grade of cashmere obtained from the undercoat of the Changthangi goat reared in Ladakh**;s high-altitude Changthang region. India produces an estimated **–** tonnes of raw Pashmina annually, with Ladakh accounting for around **–** per cent of domestic output, according to the Central Wool Development Board and the Ministry of Textiles. Each Changthangi goat yields roughly ***–*** grams of the luxury fibre every year.
Raw Pashmina typically trades at ****;*,***–**,*** ($**.**–***.**) per kg at the farm gate, although premium-quality fibre can fetch ****;**,***–**,*** ($***.**–***.**) per kg, depending on fineness and cleanliness. Prices have generally remained firm as production is constrained by limited grazing areas, harsh climatic conditions, and the relatively small herd of Changthangi goats, while demand from Kashmir**;s luxury shawl and textile industry remains steady.
The latest measures also seek to strengthen the supply chain by enabling cooperative procurement, improving price realisation for herders, and supporting the long-term sustainability of India**;s premium Pashmina industry, which competes with larger global cashmere producers while retaining a quality advantage through its ultra-fine fibre.
