News

    Sri Lanka Apparel during its existence in the last 4 decades grew and set itself as the leading manufactured product exporter of Sri Lanka representing 43% of industrial exports and 40% of merchandising exports. With a contribution to the GDP in the range of 7% during the last decade and employment opportunities for 40% of the active labour force in the country, Sri Lanka Apparel supports and enriches the lifeline of millions of families directly and indirectly.Sri Lanka Apparel during its existence in the last 4 decades grew and set itself as the leading manufactured product exporter of Sri Lanka representing 43% of industrial exports and 40% of merchandising exports. With a contribution to the GDP in the range of 7% during the last decade and employment opportunities for 40% of the active labour force in the country, Sri Lanka Apparel supports and enriches the lifeline of millions of families directly and indirectly.

    Tuli Cooray
    Textile and apparel sector surpasses US$ 5b mark

    The country’s apparel industry is heading in the right direction and the use of advanced technology will play a vital role for it to capture the global market. It’s track record of ethical businesses, dependability and long lasting relationships have given it an edge, veteran apparel industrialist and Secretary General Joint Apparel Association Forum, Tuli Cooray said.The country’s apparel industry is heading in the right direction and the use of advanced technology will play a vital role for it to capture the global market. It’s track record of ethical businesses, dependability and long lasting relationships have given it an edge, veteran apparel industrialist and Secretary General Joint Apparel Association Forum, Tuli Cooray said.

    • Indonesia, Thailand and Malaysia selected under new measure
    • Exporters predict earnings will hit $ 5 b this year, expect higher revenue in 2018
    • Wants to target Germany and other EU countries to offset Brexit impact
    • Hails liberalisation measures and legal reforms outlined in Budget 2018

    By Chandeepa Wettasinghe
    The Sri Lankan apparel sector finally appears to have started realizing the benefits of the recently reinstated Generalized System of Preferences Plus (GSP Plus) facility with the European Union (EU) with double digit growth in exports, while the exports to the US market too saw an uptick.

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