Interviews
India-Sri Lanka to set up joint working group on textiles
20 Sep '12
3 min read
Sri Lanka had a rich cotton production industry from the beginning of the country’s history. But now Sri Lanka is a cotton importing country. There are big potential to develop cotton production industry in traditional production areas such as Hambathota and also can produce them in areas like North minister said.
Indian delegation expressed their willingness to have Indian investment in Sri Lanka as joint ventures in textile industry forming strategically alliance between the two countries. India will provide assistance to set up training and skill development programme.
In order to implement these programmes and furthering cooperation between the two countries in this sector it was decided to set up a joint working group on textile and apparel.
Mr. Anura Siriwardhana, Secretary to the Ministry of Industry and Commerce, Mr. Janaka Ratnayake, Chairman Sri Lanka Export Development Board, representatives from the Ministry of Economic Development, Ministry of Finance and representatives of the textile and apparel industries in Sri Lanka also participated at this discussion.
Ministry of Economic Development
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