Interview with Mr Bandula Weerasinghe

Mr Bandula Weerasinghe
Mr Bandula Weerasinghe
Jt MD, Hayleys MGT
Committee Member, Hayleys PLC
Committee Member, Hayleys PLC

Synthetic fibres market seems shaping up globally. Any major upheavals expected this year or in the immediate future?

With increasing awareness on re-cycled synthetic fibres and possibility in changing the properties of the fibre, for various uses of fabric, the global requirement is increasing rapidly. Yet, due to turbulence in crude oil prices in the world market, increasing cost of production of synthetics can have a definite impact by challenges from natural fibres.

How does it feel catering to leading retailers like Marks & Spencer, Tesco, and Woolworth amongst others?

The respect for human values and the concern for environment in the European up market clientele have helped aligning our selves to stringent requirements. It was very challenging to associate with those renowned retailers during last twelve years as we were able to meet their requirements beyond their expectations to differentiate them selves among other retailers.

Do you feel that the recent sops offered through trade agreement between the EU and Sri Lanka will benefit your country's textile industry significantly?

Yes. The extension of GSP+ facility in 2005 has helped our textile industry to offer variety of fabric, particularly polyester and value added to reap benefits fully by the apparel industry. We too have increased our capacities by many folds to cater apparel industry requirements replacing fabric imports to qualify for full GSP benefits.

Sri Lankan’s woolen clothing sector though small is definitely taking commendable steps in terms of growth. What is your view on this?

As the pioneer in woolen fabric manufacturer in Sri Lanka, we too are supporting the growth in clothing made out of this fabric.

How does Hayleys entitle itself as the "Best Corporate Citizen "?

A believer in social development, Hayleys has actively contributed to the welfare of the communities in which it operates. Empowering suppliers, employees and impacting society at large, the conglomerate has pursued a consistent CSR focus which has been recognized for three consecutive years at the competition for ‘Best Corporate Citizen’ organized by the Ceylon Chamber of Commerce, where Hayleys emerged as the overall winner.

How is Sri Lanka's Garment without guilt campaign running? What is Hayleys contribution towards making it a grand success?

We have been a major contributor to the Sri Lankan drive in 'Garment without guilt' by having our own philosophy of 'Fabric without guilt', it was clearly demonstrated by us with the recent recognition by SAI as the first Sri Lankan Textile manufacturer to obtain SA8000 certification. In addition, few years back, our concern to the environment was displayed by accreditation of ISO14001. We are currently in the process of obtaining the Fair Trade License and Global Organic Textile standard.

Published on: 26/11/2007

DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of

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