Sritrims opens operations office in Cambodia
Sritrims (Far East) Ltd, a 100 percent Sri Lankan organization
manufacturing garment fashion accessories for the global apparel trade,
recently opened an operations office in Cambodia, while participating in
the garment fashion exhibition held in that country. Sritrims (Far East)
Ltd was established in 1996 and its’ operations offices are established
in India, Pakistan, Turkey, Bangladesh, Indonesia, Vietnam, China, Hong
Kong and Singapore.
Sritrims (Far East) Ltd, Managing Director, Nishantha Delgoda
with his staff at the newly opened operations office in Cambodia |
Speaking about the opening of the Cambodian operations office, the
Managing Director of Sritrims (Far East) Ltd, Nishantha Delgoda said,
“We opened an operations office in Cambodia as a step in our search for
developing markets. Until recently the attention of the global apparel
industry was focused on Bangladesh. But, now the attention of the
garment fashion trade is gradually turning towards Cambodia and Myanmar
because of the availability of cheap labour in these countries. Taking
this trend into consideration, we opened an operations office in
Cambodia.
“Business diversification and identifying new markets have become
crucial to maintain business profitability because of the existing world
economic recession. Sritrims (Far East) Ltd started business in Turkey
in 2008 due to the world economic recession existing at that time. That
move enabled us to move ahead of the other organizations in the world
garment fashion trade and exist in business.”
Sritrims ( Far East) Ltd manufactures buttons, eyelets, grommets,
rivets, hook and bars and metal plates in alloy and brass and all
varieties of belts such as webbing, braided, plattered, leather, PU, wax
coated and canvass, conforming to international standards at their
factory located in China. These products are purchased by buyers from
well known organizations in the global apparel industry.
Sritrims (Far East) Ltd is a sister company of Speed Water Systems (Pvt)
Ltd. Speed Water Systems, established in 2003, markets high quality,
hygienically bottled natural drinking water purified using the most
technologically advanced methods in the world under the brand name
‘Speed,’ island wide.
Speed Water Systems established a chain of ‘Water Shops’ to enable
the public in major towns and suburbs to purchase bottled drinking water
at manufacturer’s prices for the first time in Sri Lanka.
Introducing creative management and marketing methods to the bottled
drinking water industry, Speed Water Systems reached the third place in
the market within a very short period of time. |