Sri Lanka-headquartered MAS Holdings has been recognised as the 'Exporting Conglomerate of the Year' at the recently concluded Presidential Export Awards 2018 in Colombo. The Presidential Export Awards recognise and reward the top performers of the export community who have contributed significantly in the growth and development of the nation.

In addition, MAS Intimates was also honoured with the ‘Exporter of the Year Award’ as well as also receiving the Overall Awards for ‘Net Foreign Exchange Earner’ and ‘Contributor from the Region to the Export Supply Chain’.

In addition to the four overall awards, MAS walked away with two sectoral awards, the 'Highest Foreign Exchange Earner – Apparel' award won by MAS Intimates and the 'Highest Foreign Exchange Earner – Footwear' award won by MAS Fabrics Matrix.  

"Today, consumer dynamics have evolved, and digital commerce is disrupting the traditional retail landscape. Digitisation is creating opportunities while Innovation will play an important role in transforming the apparel industry. MAS is proud to have contributed towards positioning Sri Lanka as an ethical and sustainable destination for high value-added, technologically advanced design-to-delivery apparel solutions. These awards are a testament of the hard work and commitment shown by all our associates across the country and beyond," chairman & co-founder of MAS Holdings, Deshamanya Mahesh Amalean said.

The awards are conferred following a stringent selection process, curating those who excel in export business, especially in non-traditional products and services. The Conglomerate of the Year Award was adjudged based on criteria that encapsulated a company’s export turnover, financial performance, value addition and creation of employment opportunities. Focused areas such as product and market innovation as well as the implementation of sustainable policies where MAS Holdings has displayed industry-wide dominance and leadership over the years were also evaluated. (RR)

Fibre2Fashion News Desk – India

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