Home / Knowledge / News / Textiles / India-Sri Lanka to set up joint working group on textiles
India-Sri Lanka to set up joint working group on textiles
20
Sep '12
The Ministry of Economic Development together with other relevant ministries and institutions has initiated a programme to revive the textile industry of Sri Lanka along with the apparel industry.

Earlier Sri Lanka had well developed textile industry consisting handlooms, Powerlooms, fabric and cotton industries. But all these sectors were closed down after Sri Lanka introduced free economic policies said Hon. Basil Rajapaksa, Senior Adviser to the President and Minister of Economic Development when he met the Indian Textile Industry delegation at the Ministry of Economic Development.

A high level Indian delegation headed by Smt. Kiran Dhingra, secretary to the Ministry of Textile of India is currently in Sri Lanka in order to have a joint programme on textile industry between Sri Lanka and India.

At the outset, Hon. Minister thanked Hon. Anand Sharma, Minister of Commerce, Industry & Textiles of India for the immediate action taken by him to strengthen the economic relations between the two countries since his visit to Sri Lanka on 2nd August 2012.

Minister Rajapaksa said at the meeting he had with the Hon. Anand Sharma they agreed to give special attention to two sectors namely, pharmaceutical sector and textile sector. Immediately after his return to India first he sent a delegation to discuss on pharmaceutical industry. Now he has sent this delegation on textile industry.

He thanked the Minister Anand Sharma for his efficiency and interest taken on Sri Lanka.

Hon. Basil Rajapaksa thanked India for granting Sri Lanka additional apparel quota of 5 million pieces under Indo – Sri Lanka free trade agreement with no restrictions on fabric sourcing. He appreciated the efforts taken by India for sectoral liberalization of both apparel and textile under the Indo – Sri Lanka free trade Agreement.

Minister Basil Rajapaksa said Sri Lanka will welcome India’s help to revive the handloom and power loom industries. These two industries were closely related to the rural community of Sri Lanka. Under the “Divi Naguma” backyard Economy Development Programme these two sectors will develop providing opportunities for employment, skill development and entrepreneurship development for rural people. Handloom sector is confronted with problems such as inadequate yarn supply, poor designs and small markets.

Sri Lanka had several large scale fabric production mills earlier. But all of them are not functioning now. Both countries can have a joint programme to renew the fabric production in Sri Lanka since there is a big demand for fabric from the apparel sector as well as local consumers. Sri Lankan government alone spend large amount of money to import fabric for school uniform annually Minister said.

Must ReadView All

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Binoy Ravjani
Hero's Fashion

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

Eamonn Tighe
Nature Works LLC

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

Marcel Alberts
Eurofibers

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin
Chapurin

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

Judy Frater
Somaiya Kala Vidya

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search