Home / Knowledge / News / Textiles / BOI-approved firms bag major share in Sri Lankan exports
BOI-approved firms bag major share in Sri Lankan exports
31
Dec '12
In the first half of 2012, exports fetched revenue of US$ 4,965 million for Sri Lanka, according to the latest statistics released by the Central Bank.
 
Of this, exports made by the Board of Investment of Sri Lanka (BOI) approved projects earned US$ 3,110 million, accounting for 63 percent of the total export revenue.
 
According to the report, industrial products accounted for 81 percent of all the exports made through the BOI, with the textiles and garments contributing a lion’s share.
 
Meanwhile, the BOI has identified Sampur Heavy Industrial City as new investment zone and has set a target to achieve US$ 4,000 million investment.
 
The board has also announced that it will come out with an appropriate incentive package for attracting investment and to achieve the goals set for 2015.
 
In addition, ten export processing zones (EPZs) and two industrial parks would also be modernized by 2015.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Textiles | On 22nd Mar 2017

Dyeing textiles with bacteria

As an alternative to toxic synthetic dyes, scientists are exploring...

Courtesy: BCG

Apparel/Garments | On 22nd Mar 2017

Consumption in India to touch $4 trillion by 2025: Report

Consumption in India is likely to triple to $4 trillion by 2025 as...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Wendell Rodricks
Wendell Rodricks

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search