Home / Knowledge / News / Apparel/Garments / Healthy growth in apparel exports
Healthy growth in apparel exports
22
Apr '09
Despite the global economic downturn, Sri Lanka Customs data just released show a healthy growth in apparel exports in 2009

Overall apparel exports in January 2009 had a growth of 4.1% and 7.9% in February 2009 when compared over the corresponding period in 2008.

Apparel exporters attribute this growth to the timely measures taken by the Government in announcing the Export Development Reward Scheme allowing the companies to offer competitive prices.

When contacted, Ajith Dias, Chairman of Joint Apparel Association Forum commented that's the timeliness of the Government's announcement late December detailing the reward scheme for exporters announced in the budget was crucial. It gave the exporters the confidence to chase orders in an extremely competitive environment and the first two months performance is encouraging.

Mr Dias further added that although the comprehensive package contained stringent criteria in terms of sustaining export levels and employment levels, the incentive offered was sufficient to boost our exports and we are certainly appreciative of the efforts by the Government to offer a workable package.

The apparel industry has a proven track record of steering through trying times and similarly the industry has re-adjusted to face this crisis.

Further, the recent decision by the Minister of Labour Relations and Manpower with regard to the five-day work week and the temporary layoff of workers will help during this difficult period.

The apparel industry continues to be the leading export revenue earner to the country and the largest employer.

Joint Apparel Association Forum

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Marten Alkhagen
Swerea IVF AB

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

Paolo Ocleppo
Sandvik Hyperion

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search