Home / Knowledge / News / Footwear producers gear up for Intl competition
Footwear producers gear up for Intl competition
Jan '08
Manufacturers of footwear in Sri Lanka are preparing themselves for a big challenge to make the most of the opportunity given by the new import tax safety net of the EU.

According to the new policy, Rs300 will be imposed as tax on every pair of shoes imported from Sri Lanka. This is virtually a blessing in disguise for the local manufacturers who must endeavor to supply price competitive and quality products to both local and international customers.

Industrial Development Board, Export Development Board and the Ministry of Industrial Development are making copious efforts to upgrade the industry for which a training institute is on the way.

This training center will be the first of its kind in Sri Lanka. Besides, two teams have also been sent to India for training purposes in leather production and designs. The cost for the tour is to be borne by the Industrial Development Board.

Experts from the industry believe that the EU concession given only to Sri Lanka under the new GSP plus scheme is a great opportunity for the country to increase its exports.

Besides, the anti-dumping duties imposed by EU on China and Vietnam would make the Sri Lankan products competitive in the international market.

Export figures in the first six months of 2007 reached Rs1035 million which marked a rise of nearly 42.74 percent compared to the year preceding it. However, it is equally important to revise the outdated labor laws in the first place.

Must ReadView All

Textiles | On 24th Oct 2016

German technology to help in energy saving in textiles

German technology can play a major role making the environment...

Textiles | On 24th Oct 2016

ACIMIT shows sustainable technologies at ITMA Asia

ACIMIT, the Association of Italian Textile Machinery Manufacturers,...

Courtesy: Trupik

Apparel/Garments | On 24th Oct 2016

Virtual 3D fitting rooms revolutionising online shopping

Virtual fitting rooms meant to bridge the gap between e-commerce...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Paolo Ocleppo
Sandvik Hyperion

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

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

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search