Home / Knowledge / News / Apparel/Garments / Sri Lankan apparel sector studies Turkish model
Sri Lankan apparel sector studies Turkish model
29
Nov '12
Sri Lankan apparel industry is studying the feasibility of following Turkish model to achieve the Government-set target of US$ 5 billion in revenues by 2015. 
 
Mr. Rohan Abeykoon, immediate-past chairman of the Sri Lankan Apparel Exporters Association, said they have analysed the Turkish model and found it to be a good system to set standards, particularly in view of the trade that Turkish apparel industry enjoys in spite of enduring three-times higher production costs than the cost borne by the Sri Lankan garment sector.
 
Speaking at the annual general meeting of the association, Mr. Abeykoon said the Turkish clothing sector has a greater concentration of small and medium enterprises. These enterprises run with support of large enterprises, especially in marketing and promotion of their products.
 
In comparison, Mr. Abeykoon said the model presently followed by the Sri Lankan garment sector is not sustainable in the long-run as it is based on an uneven playing field.
 
The Sri Lankan apparel sector comprises of competing producers, who benefit from low-cost and rely much on free trade agreements and subsidies extended by the Government, he added.
 
Condemning the inability of decision makers, improper production techniques and lack of consensus and general drive amongst producers, he said it is imperative for the Sri Lankan apparel entrepreneurs to enhance their focus on developing their business skill and service strengths. 
 
Service, reliability, quality, innovation and delivery are the areas where Sri Lankan apparel sector is not up to the mark and hence it should extensively focus on these areas, he said.
 
The industry can sustain only when the growth is backed by long-term inclusiveness, meaning a wider section of the industry stakeholders should benefit from its development, he added.
 
In view of the same, he stressed on the need for developing a model that encourages entry of new players and focuses on development of the small and medium apparel manufacturers in the country.
 

Fibre2fashion News Desk - India


Must ReadView All

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Mala Alwani

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

Marcel Alberts
Eurofibers

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Judy Frater
Somaiya Kala Vidya

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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