Orit makes branded jeans for world market
RAMANI Kangaraarachchi
CEO Channa Palansuriya
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DENIM jeans are very popular specially among the young generation
globally. If a small island like Sri Lanka can become the No 1 supplier
for leading brand names in highly competitive markets it is a point a
country could be proud of.
Orit Holdings has been able to bring that pride to our country by
reaching this prestigious position through supplying denim jeans under
world renowned brand names such as Gloria Vanderbilt and St. Jones
apparel.
Orit which has a USD 36 million turnover annually is targeting US 50
million in 2006 and at present has the capacity to supply 7.2 million
pieces of garments every year to the US, Europe and Canada under these
popular brand names.
The young CEO of the company, an Old Anandian Channa Palansuriya
recollected his simple beginning in 1984 at Moratuwa with only 25
machines under his father's guidance who was involved in the printing
business for many years.
Workers at Orit Lanka factory
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Following an invitation from one of his partners for a joint venture,
the duo ventured into the garment industry by the name of Chanaka
apparels.
It was very difficult at the beginning getting financial support from
the banks, finding definite markets, unavailability of a proper factory
were the main challenges.
However many changes took place over a period and they were able to
overcome all problems and in 1996 Orit Holdings emerged as a BOI
approved company registered in the British Virgin Islands.
Today, palansuriya has a work force of 3800 working in his factories
at Marawila, Naula, Seethawaka, Embilipitiya and the head office at the
WTC building.
His ambitious vision is to be the first choice amongst manufacturers
of high quality clothing while being soundly responsible to the nation.
Yet there are more challenges ahead.
Getting the FTA for USA is the main challenge. The industry is
becoming highly competitive day by day. Channa believes that it has to
be a combined effort by the Government and the industrialists to achieve
expected goals as a nation.
A store room at the factory
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This industry will expand by three times in the future which means
more employment, more foreign exchange and a sound economy in the
country, he said.
But this is not a journey that we could go alone. Government
authorities should understand this. Shortage of skilled manpower is also
a huge problem, he said.
Orit Holdings was awarded a number of awards in the past such as
provincial Bronze Award for Sabaragamuwa, Silver Award for Central
Province, National Silver Award by FCCISL and NCE Export Award Silver in
2005, Industrial Safety Award in 2004 and the latest addition is the
Green Channel Facility.
It is also an ISO 9001:2000 certified company. His success attributed
to the confidence of his partners and also maintaining the quality of
his products. |