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Lanka's top textile firm begins Rs 1 bn expansion plan
21
Sep '15
Sri Lankan's South Asia Textile Industries has begun investing in what will ultimately be over Rs.1 billion in total, in the latest 5th Generation hybrid nano technology used in state-of-art textile machinery in all its division, according to media reports in the island nation.

These upgrades, comprising high-speed knitting machines from Santoni of Italy and Singapore's Unitex, will be capable of developing and producing new and innovative knitted fabrics. Additionally, new equipment to be installed includes high-end fully computerized printing machines imported from Stork, in Austria and Holland, the company said.

The company has also made a number of other recent improvements, including the introduction of specialised textile machines from world-famous brands such as Santex from Switzerland, Tandematic from USA, Marlo and Corino from Italy, and Fongs from China.

“This large scale expansion will allow South Asia Textiles Industries Lanka to reach a completely new dimension in textile manufacturing in Sri Lanka. Not only will it facilitate extensive benefits to local apparel manufacturers in terms of speed and flexibility, but it will also result in a greater availability of the latest fabric styles and colours, in keeping with international trends,” said the company's CEO Prithiv Dorai.

South Asia Textile Industries Lanka is a subsidiary company of Lanka Century Investments PLC and Ceylon Leather Products PLC. (SH)

Fibre2Fashion News Desk – India


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