Sri Lanka Becomes Attractive Textile Investment Destination

The Sri Lankan apparel industry spends more than 60 percent of the amount it generates through exports, on imports of key raw materials like yarn and fabrics.

This presents an opportunity for the highly developed textile industry in neighbouring countries like India and Pakistan to invest in the Sri Lankan textile sector.

Of the US $4 billion it generated through clothing exports, the island imported raw materials to the tune of $2.5 billion.

The Sri Lankan garment industry has established itself as a global supplier of high-end fashion clothing to retailers like, which has helped it establish itself as a high-end garment producer of garments servicing leading international brands.

These global buyers include well-known retailers and brands as Victoria’s Secret, Marks and Spencer, Nike, Tommy Hilfiger, Abercrombie and Fitch, Gap, Ann Taylor, etc.


For more details please visit : Sri Lanka Becomes Attractive Textile Investment Destination @ Fibre2fashion

Posted in: Attractive Textile Investment Destination,Sri Lanka