by TANVI_MUNJAL | Nov 21, 2024 | Business & Policy, News & Insights
India’s ambitious free trade agreement (FTA) agenda remains unaffected, with negotiations progressing as scheduled, a top government official clarified. Recent speculations suggesting a pause in FTA talks, particularly with the European Union (EU) and the United...
by TANVI_MUNJAL | Dec 18, 2023 | News & Insights, Textile Technology
MAS Holdings, South Asia’s largest apparel manufacturer, has proudly announced the successful completion of the second phase of Project Photon, an ambitious roof-mounted photovoltaic (PV) solar power project. This groundbreaking venture, initiated in 2017, has...
by Manali bhanushali | Jun 28, 2021 | Industry And Cluster, News & Insights
Since 100% FDI is allowed in defence sector, the businesses from which the clothing and equipment was being imported should be asked to line up shop in India for impetus to the local textile and leather industry. The ministry of defence features a list of 209 items...
by Manali bhanushali | Jun 17, 2021 | Industry And Cluster, News & Insights
In the midst of a third wave of COVID-19, Sri Lankan firms are straining to meet deadlines. According to the Joint Apparel Association Forum (JAAF), some customers are demonstrating a “lack of collaboration,” even asking that late orders be transported by...
by Manali bhanushali | Jun 16, 2021 | Industry And Cluster, News & Insights
The government has chosen to source clothes for state institutions from local garment firms. This week, the Cabinet of Ministers accepted the Minister of Industry’s proposal, as suggested by the State Minister of Batik, Handloom, and Local Clothing Products, to...
by Manali bhanushali | Mar 5, 2021 | Industry And Cluster, News & Insights
From Sri Lanka, six exhibitors participated in the five-day Texworld/Apparel Sourcing Paris 2021 via virtual platform. These companies were, JIA Moda, Kolonna Manufacturing, EL Holdings, Rakshaa Ltd., Sarasavi Exporters and Selta Ltd. The fair which concluded on 5...
by Manali bhanushali | Dec 2, 2020 | Finance & Economy, Market Reports, News & Insights
An update on the economy of Sri Lanka during January to September 2020 has been presented here where the domestic economic situation, external sector scenario, fiscal position, banking and monetary policy stance have been analysed. For a few indicators like inflation...
by Robin | Sep 19, 2020 | News & Insights
Sri Lanka’s earnings from textiles and garments exports decreased by 25.5 per cent year-on-year to $2.413 billion during the first seven months of 2020, according to the statistics released by the Central Bank of Sri Lanka. Exports of textiles dropped by 17.8 per cent...
by TEXTILE VALUE CHAIN | May 29, 2020 | Industry And Cluster, News & Insights
Sri Lanka has attracted over $500 millionworth of orders for the production of personal protective equipment (PPE), according to its Board of Investment (BOI), whose director general Sanjaya Mohottala recently expressed confidence that the value will top $1 billion in...
