Lanka textiles pushing beyond ODM ranks,
Encouraged by world’s third largest retailer TESCO’s direct sourcing
as well as recent backing from the Government of India for its revival,
Sri Lanka’s textile and handloom sphere is now stepping beyond its ‘ODM
supplier tag’ in the global market. From January to September this year,
Sri Lanka exported $ 2,789 million of apparels. This is a 16 % increase
compared to 2008 exports in the same months.
|
Economic
Development Minister Basil Rajapaksa at the event |
Sri Lanka’s apparel sector has progressed from its origins to the ODM
stage (original design manufacturing) and is now striving to stamp its
seal as an OEM supplier to the world market. Sri Lanka’s hand-loom
industry is estimated to be around $ 13 mn annually, and the high level
Textile Task-force of the Ministry of Industry & Commerce is pushing to
upgrade the historic segment towards the ODM stage.
Kalainie Alexander, Manager (Showroom) of Selyn Ltd, a fair–trade
certified exporting firm of hand-loom products taking part in the event
as an exhibitor, said: “We have been taking part in this even for the
last few years.
I believe that support for domestic producers to be fair trade
certified will help enhance our international branding. We have seen 40
% increases in our export revenues after receiving our fair trade
certification.” Selyn produces 100 % natural cotton fabrics that are
then used to make export standard toys, childcare accessories, and
decorative items among others.
“Our hand-loom, power loom and textile sectors have now been
re-awakened” said Seetha Yahampath, Managing Director of Kandygs
Handlooms Ltd. “We commend the 2012 Budget’s initiative to remove import
tax on yarn imports which helped all local hand-loom and textile
producers greatly. In fact, as a result, we (Kandygs) managed to hit our
export revenue target of annual 10 % this year too and managed to
overcome global recession effects.”
“This year is a milestone year for Sri Lanka’s textiles and apparel
industries. We already exported $ 2,789 million apparels by last
September. I stress that this national event, the first expanded
national textile exhibition in Sri Lanka is set to grow further towards
a regional event in future,” said Rishad Bathiudeen, Minister of
Industry and Commerce of Sri Lanka. The event was inaugurated by
Economic Development Minister Basil Rajapaksa.
|