Home / Knowledge / News / Textiles / Govt to work towards reducing fabric imports
Govt to work towards reducing fabric imports
10
May '10
Combined measures will be taken to meet with the fabric requirements of the country's textile industry. Thereby, apart from being one of the leading garment producers and exporters, Sri Lanka will also be producing its own fabric to meet its industry's needs.

The government has decided to make Sri Lanka non-dependent on other nations for its fabric requirements. More so, the government also thinks that, meeting the country's textile industry's cloth requirements is as important as meeting with the country's demands for food and housing.

Country's industrialists, local investors, exporters and the government are intending to join hands to formulate a program so as to commence with various projects for the textile industry. This will help supply garments in the country.

In addition, the government will also make an effort to modernize and develop the textile industry by establishing more industrial zones specifically in the North and East of Sri Lanka to further promote the industry and generate more job opportunities.

Sri Lankan emigrants and Diaspora living abroad will also be called upon by the government so that they could invest towards the development of the country. This investment will help further to facilitate the industrial zones with state-of-the-art infrastructure thereby, providing job opportunities.

Care would also be taken by the government to attract multi-national investors to invest in the industrial development of Sri Lanka.

Fibre2Fashion News Desk - India


Must ReadView All

GST Council allows ITC refund to fabrics

Textiles | On 23rd Jul 2018

GST Council allows ITC refund to fabrics

The Goods and Services Tax (GST) Council at its 28th meeting held...

GST slashed on Chenille fabrics, knitted cap to 5%

Textiles | On 23rd Jul 2018

GST slashed on Chenille fabrics, knitted cap to 5%

The Goods and Services Tax (GST) on Chenille fabrics and other...

Courtesy: Pexels

Apparel/Garments | On 23rd Jul 2018

Turkey aims to export apparel worth $25 bn in 5 years

Turkey aims to increase its apparel exports by 50 per cent in 2018...

Interviews View All

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

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 ...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Judy Frater
Somaiya Kala Vidya

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search