Home / Knowledge / News / Textiles / Sri Lankan President firm on developing handloom sector
Sri Lankan President firm on developing handloom sector
03
Jan '11
Basil Rajapaksa, Minister of Economic Development, while inaugurating the “Ransalu” (Golden wear) – the Twentieth National Handloom Exhibition and Contest 2010, recently stated that as the Sri Lankan government is firm on developing its handloom apparels sector over a period of next five years for which it has formulated a five year strategic action plan.

The Minister while addressing the gathering said that the Sri Lankan President Mahinda Rajapaksa intended that even people at grass root level should reap the advantage from the development.

He stated that the government on the very first day of the event secured more than Rs 8.3 billion that is US $75 million worth of investments for apparel sector.

Minister Rajapaksa further said that he is sure that the government would successfully achieve its target set for the handloom industry as Minister Rishad Baduitheen is an energetic young leader and would make this happen while working with his committed team.

Minister of Industries and Commerce, Rishad Bathiutheen, while speaking at the event, said that the government was meticulously concentrating on developing the textile sector by means of a five-year strategic plan.

He further assured success of this plan and development of the industry and added that they intend to establish 33 industry projects and nine colour labs by 2016 and they would definitely establish at least three labs by close of 2011.

In the past enough attention was not paid to the handloom sector. It was only after the present President Mahinda Rajapaksa took charge that any heed was paid to the sector.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Nuno Venda
ROQ

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

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Larry L Kinn
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

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

Silke Brand-Kirsch
Schlegel und Partner

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

Rupa Sood and Sharan Apparao
Nayaab

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search