Home / Knowledge / News / Apparel/Garments / Calzedonia's new garment factory in Vinayagapuram
Calzedonia's new garment factory in Vinayagapuram
06
Aug '11
Minister of Industry and Commerce Rishad Bathiudeen addresses the ceremony in Vavuniya on July 29. Sri Lanka's garment industry is now a US $ 3.5 billion export business, accounting for 42% of the country's export earnings. The industry is also now known as a reliable supplier of quality garments to the international markets, in addition to the reputation of its competitive pricing says Rishad Bathiudeen, Minister of Industry and Commerce.

Minister Bathiudeen was speaking at the ceremony to begin the construction of a new garment factory in Vinayagapuram, Vavuniya on July 29. The garment manufacturing factory is venture by Omega Line Limited, which is 100% owned by Calzedonia Finanziaria of Luxembourg. Calzedonia's Vavuniya factory is expected to commence operations in October 2012 and will provide employment to 1500 at full capacity. The initial investment for the Vavuniya factory is US $ 20 million.

Having laid the foundation stone for the factory, Minister Bathiudeen announced: “Sri Lanka's garment industry has grown to be the largest contributor to the export revenue of the country. At present, this industry is a US $ 3.5 billion export business, and accounts for 42% of the country's export earnings. The USA and the EU are the major destinations, which account for about 70% of Sri Lanka's apparel exports.

Sri Lanka has established herself, as a reliable supplier of quality garments, at competitive prices, and upholds ethical practices, backed by legislation. The country is thus, being identified as a producer of “Garments without Guilt”, which epitomizes the synergy between ethical brands and apparel “Made in Sri Lanka”. It is true that, these ethical sourcing and sustainable development practices, aim at empowering women, and support their communities, through poverty alleviation, and also offering opportunities, for good education and personal growth” Minister Bathiudeen said.

Omega Line Limited is 100% owned by Calzedonia Finanziaria of Luxembourg and started operations in 1999 in Sri Lanka with 30 employees in Sandalankawa. Calzedonia has other manufacturing operations in Croatia, Serbia, and even Bulgaria. Calzedonia's Sri Lanka operations see annual export value of over $ 300 million to Italy alone. It now employs over 3,000 persons to manufacture lingerie. The total investment made to-date is approximately US$ 45 million on two state of the art factories with a total area of 265,000 sq.ft. on an extent of over 25 acres. Omega Line exports its products to Europe under the brand names of “Intimissimi” and “Tezenis” while its beachwear and swimwear are under the brand name of “Calzedonia”.

“Omega Line has undertaken many Corporate Social Responsibility (CSR) projects to improve the quality of life through livelihood and infrastructure development. The salient amongst the projects implemented was the reconstruction of Singakkuliya Road at a cost of 35 million rupees followed by donation of 50 houses at Hambantota for those displaced by the tsunami for which Sri Lanka thanks them” Minister Bathiudeen said.

“I congratulate Omega Line Limited for establishing a garments factory in my electoral district and generating employment opportunities for about 2,000 people paving the way for prosperity and social upliftment of the people in this area” Minister Bathiudeen said.

Minister of Industry and Commerce


Must ReadView All

Courtesy: Kai Pilger from Pexels

Textiles | On 24th Apr 2018

Pakistan’s textile exports up 7.77% in July-March FY18

The value of textile and garment exports from Pakistan increased by...

Alliance to form joint entity for safety in factories

Apparel/Garments | On 24th Apr 2018

Alliance to form joint entity for safety in factories

On the 5th anniversary of the Rana Plaza Collapse, The Alliance for...

China’s Alibaba partners with Thailand for digital trade

Textiles | On 24th Apr 2018

China’s Alibaba partners with Thailand for digital trade

China’s Alibaba Group recently signed an agreement with the Thai...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Tejas N Patel, Navin D Patel

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

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search