Home / Knowledge / News / Apparel/Garments / T&FG to invest in two apparel factories in Sri Lanka
T&FG to invest in two apparel factories in Sri Lanka
09
Jan '12
Sri Lanka's leading apparel manufacturer Timex and Fergasam Group (T&FG) will be investing US$ 5 million for setting up two factories in the northwestern Mannar district of the country.

In fact, by setting up apparel production units in the district, T&FG would become the first Board of Investment (BOI) approved apparel producer to penetrate in Mannar.

T&FG is among the top five leading apparel producers in Sri Lanka, and is also a winner of the 2006 NCE Export Award and the All Star Award 2007.

The proposed factories would be the 17th and 18th production units of T&FG.

The project would be undertaken in two phases, and on commencement, the first factory would lead to generation of 1,200 jobs, while the second would create 800 jobs.

Presently, T&FG employs over 8,000 workers in its 16 production facilities spread across the world, with offices in Hong Kong and the UK.

The first facility coming up in Mannar is likely to commence operations by mid-October, this year.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Silke Brand-Kirsch
Schlegel und Partner

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Aditi Somani
Aditi Somani

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

July 2017

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

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

Yes No

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

Yes No

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


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



X