Sri Lankan Apparel industry's new face

08 Jan '07

3 min read

It is constantly trying to encourage the perusal of recreational activities within local communities. A good example of this has been its relentless effort to nurture the potential sporting talent of financially deprived individuals. The goal is to ensure that these individuals reach their maximum potential in their specialized sport on a national as well as an international level.

The Industry has recently decided to implement schemes that will improve their employee welfare in terms of fiscal and non-fiscal benefits. Such benefits include providing hospitalization and accidental death insurance. The Industry has made it a point to adhere to a strict non-discriminatory employee recruitment policy. Furthermore, it constantly strives to improve the skills and capabilities of its workforce.

Sri Lankan Apparel Industry realizes the importance of being driven by business objectives and it also emphasizes on social responsibility being an integral part of its business portfolio.

Sri Lanka's apparel industry is a major contributor to the country's economy. After its modest beginnings in the seventies, the industry today represents 43% of the country's total exports and contributes 39% to the industrial production of Sri Lanka. The apparel and textile industry at 46% is the largest contributor to the export revenue.

Sri Lankan Apparel

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