A US$ 70 million knit fabric plant is being set up by Sri Lanka-based apparel exporter MAS Holdings at its own industrial park, Sri Lanka's Board of Investment (BOI) said in a statement.
A US$ 70 million knit fabric plant is being set up by Sri Lanka-based apparel exporter MAS Holdings at its own industrial park, Sri Lanka's Board of #
The new plant – MAS Fabrics (Private) Ltd – would be set up in Thulhiriya to the north-east of Colombo, the statement said.
A US$ 70 million knit fabric plant is being set up by Sri Lanka-based apparel exporter MAS Holdings at its own industrial park, Sri Lanka's Board of #
According to Sharad Amalean, Deputy Chairman MAS Holdings, the new plant would be the company’s largest technology-based investment so far, BOI said.
A US$ 70 million knit fabric plant is being set up by Sri Lanka-based apparel exporter MAS Holdings at its own industrial park, Sri Lanka's Board of #
MAS Holdings is keen about innovation and is willing to invest in it by partnering with those who replicate the values same as theirs.
A US$ 70 million knit fabric plant is being set up by Sri Lanka-based apparel exporter MAS Holdings at its own industrial park, Sri Lanka's Board of #
Thulhiriya initially housed a state-owned textile mill, set up during the era when an anti-import anti-free trade philosophy was highly prevalent and import substitution was highly emphasized on.
A US$ 70 million knit fabric plant is being set up by Sri Lanka-based apparel exporter MAS Holdings at its own industrial park, Sri Lanka's Board of #
However, the textile mill was later on acquired by a Korean company, which succeeded in exports to some extent initially, but later on it ceased operations.
A US$ 70 million knit fabric plant is being set up by Sri Lanka-based apparel exporter MAS Holdings at its own industrial park, Sri Lanka's Board of #
Now, MAS Holdings, a leading apparel industry player, has developed facilities for producing high-end harmless export apparels at the location. According to BOI, the facility echoes a ‘spirit of innovation’ in the country’s apparel industry and is also tuned in with the country’s goal of reducing use of imported raw materials.
A US$ 70 million knit fabric plant is being set up by Sri Lanka-based apparel exporter MAS Holdings at its own industrial park, Sri Lanka's Board of #
Fibre2fashion News Desk - India