Home / Knowledge / News / Apparel/Garments / Sri Lankan garment sector attracts new buyers
Sri Lankan garment sector attracts new buyers
20
Feb '12
At a time when some major global apparel buyers are shifting their sourcing to low-cost countries like Cambodia, Bangladesh and Vietnam, Sri Lankan garment manufacturers are not only able to retain their current buyers but have also succeeded in luring new buyers.

In fact, the Sri Lankan apparel industry has crossed its US$ 4 billion export target, which was to be achieved by 2015, by end of 2011 itself, according to Joint Apparel Association Forum (JAAF) figures.

The high quality service levels offered by the Sri Lankan apparel manufacturing sector is among the reasons for the industry gaining strength amidst global downturn. The end of the war with the LTTE is also a reason affecting the inflow of orders from global buyers.

Mr. Channa Palansuriya, Managing Director of Orit Apparels, told fibre2fashion, “At Orit Apparels, the US is the most prominent market for exports and many other countries are also strong markets, especially the UK and Europe. Though there is recession, these countries are recovering very fast and developing business with us, which provides a good opportunity for our industry to grow.”

Citing an example, he says, “For Levis, we are catering from Mexico to the Far East i.e. up to Japan. So, things are actually turning out positive for us.”

Commenting on the challenges faced by the Sri Lankan garment industry, he says, “High manufacturing costs and shortage of labour are the key challenges we are facing at present. We are doing everything possible to control and maintain our costs.”

Looking for opportunity even during tough times, he says, “The US and EU crises have not really affected our business. On the contrary, it has provided an opportunity for us to get business from other places. We are now focusing on Russia and doing sizable business with India also.”

Fibre2fashion News Desk - India


Must ReadView All

Top 15 US fashion brands are collectively worth $70 bn

Fashion | On 22nd Jul 2018

Top 15 US fashion brands are collectively worth $70 bn

The top 15 American fashion brands are collectively worth close to...

Courtesy: Covestro

Textiles | On 22nd Jul 2018

Covestro's new products for waterproof textile coating

Covestro, which is among the largest polymer companies, has unveiled...

Evogene, IMAmt to work together in insect resistance

Textiles | On 22nd Jul 2018

Evogene, IMAmt to work together in insect resistance

Evogene, a leading biotechnology company developing novel products...

Interviews View All

Top executives
Textile industry

The foremost issue is bridging the skill gap

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Judy Frater
Somaiya Kala Vidya

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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


July 2018

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

news category


Related Categories:

Advanced Search