Home / Knowledge / News / Apparel/Garments / Thread Works sets up new garment unit in Sri Lanka
Thread Works sets up new garment unit in Sri Lanka
02
Feb '12
Thread Works Pvt. Ltd. has established a new garment manufacturing facility at Angulana near Moratuwa city in southwestern Sri Lanka, with an investment of SL Rs. 75 million.

The new unit has enhanced the production capacity of Thread Works, and is expected to help the company not only retain its lead in the domestic garment sector but also to compete in international markets.

Thread Works is a vertically integrated company that undertakes fabric knitting and weaving as well as distribution and retailing of apparels.

Speaking to fibre2fashion, Mr. Gehan De Soysa, Chairman and CEO, Thread Works P. Ltd, said, “The new plant has become operational since October 2011 and this has increased our production capacity to about 0.5 million pieces per month.”

“We manufacture garments for our own in-house brands like Velona, Arista, Body Fit, Top Gear, Superknit, etc. Our brand Velona is one of the oldest and biggest brands in Sri Lanka. It has been there for around 70 years now. Since 2008, we have been manufacturing and introducing new ranges in the market under the brand name Velona as well as under other brands that we already own,” he explains.

Sharing his views about Sri Lankan garment sector, he says, “The apparel sector in the local market is not very organized. There are a lot of players in the market, but the market is very good for those brands which have already established themselves in the market over the last 20 years. Right now, it is very difficult for new brands to come and establish themselves.”

Talking about future prospects for his company, he opines, “Velona is an established brand and we have been growing in terms of volume. We are definitely looking at growth in 2012 and beyond.”

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: The White House

Textiles | On 21st May 2018

China, US put trade war on hold

Following weeks of uncertainty over imposition and counter-imposition ...

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

Over 60% retailers already have IoT platforms: IDC

Apparel/Garments | On 21st May 2018

Over 60% retailers already have IoT platforms: IDC

Retail organisations are adopting IoT platforms and more than 60 per...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search