Step 1: Understanding the Concept:
Pashmina is a premium specialty fiber harvested from the fine, warm undercoat of indigenous mountain goats.
Step 2: Detailed Explanation:
Statement (I) describes the production and habitat of Pashmina-yielding goats.
The fiber is obtained from the Changthangi (or Pashmina) goat, which is reared in the high-altitude Himalayan regions of Ladakh.
These areas are situated at altitudes above \(4,000\) meters where freezing winter temperatures induce the growth of a dense, insulating undercoat.
Therefore, Statement (I) is correct.
Statement (II) refers to the geographic origin of Pashmina.
The traditional craftsmanship, hand-spinning, and commercial weaving of Pashmina shawls originated in the Kashmir Valley of India.
Historically, raw wool was sourced from the Ladakh and Tibet regions, but the product and its processing became an established Indian heritage.
Therefore, Statement (II) is correct.
Step 3: Final Answer:
Both Statement (I) and Statement (II) are correct.