President Maithripala Sirisena yesterday declared open the newly built apparel factory of the Hirdaramani group at Puthukkudiyiruppu in the former conflict zone in the North.
Speaking at the event President Sirisena said the future of the country is with the youth and the country can be built with their strength, utilizing their energy and ensuring their democratic rights to build the nation. The President said the government is set to launch many new investment projects in the North where the people are struggling with unemployment and poverty.
Powered by the country's apex exports facilitator EDB, Lankan apparel sector snatched a new virgin market and some premium global buyers of three other new markets on November 27.
With an eye on the target of reaching$8.5 bn worth of clothing exports per annum by 2020, Sri Lanka's apparel manufacturersare backing a national bid to regain preferential trade concessions from the EU. Sri Lankahas carved a niche as an international centre for clothing manufacturing despite tough regional competition, with the high-value segment performing particularly well.
The Annual General Meeting of the Sri Lanka Apparel Exporters Association was held on the 24th of November 2015, under the patronage of Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade. Below is the speech delivered by Mr Saifuddin Jafferjee, Chairman of the Association.
Journal & Directory of the Sri Lanka Apparel Exporters Association, containing valuable information with regard to the apparel industry.
Issue No. 89