Apparel industry shows increasing trend
Daya PERERA
Although a diminishing market for Sri Lankan garments produced by the
apparel industry was expected by certain quarters, following the
suspension of the GSP plus facility by the European Union, potential
buyers of Sri Lankan garments has shown an increasing trend, said Link
Apparel Ltd Chairman and Managing Director Mihindu Ruhunage. The secret
behind this is the high quality of garments produced by Sri Lanka, he
said. Ruhunage said he believed this favourable turn of events was
partly due to the country's good fortune in having an astute leader at
its helm.
He said the increase of worker salaries in other garment producing
countries such as Bangladesh and China have also contributed towards
making Sri Lankan garments more competitive in the world market.
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