A new garment factory of the Delkanda-based Garment Services Lanka Ltd. will become operational in January, 2012.
Being set up at a cost of US$ 1.1 million as Garment Services Meegoda, the new unit will produce garments for exports to European markets.
Speaking to fibre2fashion, Christopher Katukurunda, Director of Garment Services Lanka Ltd said, “The new factory will become operational. It will have around 200 machines and a production capacity of 50,000 pieces a month.”
Explaining the rationale behind setting up a new manufacturing unit, he says, “We have sufficient orders from our customers and we felt a need to have another plant to increase the production of garments and meet the demands of our customers.”
Talking about future prospects, he says, “We have clientele in Europe, especially the UK, Germany and France. As of now, there is no impact of EU crisis being felt and we are expecting 100 percent growth over our current revenues after the new plant becomes operational.”
Fibre2fashion News Desk - India