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Wednesday, 16 January 2013

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More apparel orders to India, Bangladesh and Sri Lanka

Pakistan had to slow down on its high quality apparel exports, maybe due to the high quality apparel exports in Sri Lanka. According to foreign reports, with the power and energy expenses increasing alarmingly in Pakistan, apparel importers are looking towards Sri Lanka, India and Bangladesh for their future export orders.

According to reports, Pakistan had not been able to make ends meet with their export orders which had left European importers in an awkward position.

According to reports, 15 to 20% of the orders received to Pakistan had been diverted to Sri Lanka, India and Bangladesh.

Speaking to the Secretary of the Joint Apparel Association Forum of Sri Lanka (JAAFSL), Tuly Cooray told the Daily News Business that a market shift of this sought could be possible. “At the moment, we are unaware of an increase in our apparel orders. However, if it was the situation, the market could change and possibly develop.

The difficulties Pakistan is facing at present was widely known and it may definitely create complications, that in turn would be beneficial to its neighbours.”

Commenting on European interests in Sri Lankan apparel, Cooray said that it was no surprise as Sri Lanka had been a continual supplier even during the war.

Sri Lanka has been a reliable all time supplier of apparel products and has been famous for its high quality standards.

According to Cooray, though the apparel exports of Sri Lanka had not recorded an admirable increase last year, it has continually been the destination for high quality apparel products.

 

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