Home / Knowledge / News / Apparel/Garments / Apparels can touch $5bn in exports – Chairperson, AEA
Apparels can touch $5bn in exports – Chairperson, AEA
Apr '11
The newly elected Chairperson of the Apparel Exporters Association, Ms Ramya Weerakoon, recently stated that, the apparel industry could attain a growth target of five billion USD by 2015, and may thus continue contributing to the GDP and growth of country's economy in future also.

She said that the industry is competing in a uneven playing field in the global sphere, and added that, several Sri Lankan companies in the global market are facing competitive challenges.

However, it is the only sector which managed to deliver positive results regardless of all the challenges like the 2008 global economic slump, she said. But then, there are several factors which are corroding competitiveness of Sri Lankan goods, like for instance India has inked a free trade pact with Japan and also with Bangladesh and Indonesia.

All the markets in which the Sri Lankan industry enjoys preferential benefit, it faces competition from countries like India as well as Pakistan which even have the advantage of export subsidies in respect of export to these countries, which is badly hitting Sri Lankan exports.

The Sri Lanka Institute of Textile and Apparel is working to enhance its capacity so as to meet the needs of the modern industry. In view of all this, Ms Weerakoon advised the government to provide vocational training to the school drop outs, to prepare them for the apparel industry, which has potential to provide prompt employment to such people.

Fibre2fashion News Desk - India

Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Tim Savage from Pexels

Textiles | On 19th Jun 2018

Da Lat begins construction of $50mn wool yarn factory

Da Lat Worsted Spinning Limited Company has begun construction of a...

Interviews View All

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

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,...

Tejas N Patel, Navin D Patel

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

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

Marcel Alberts

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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 ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search