More apparel orders to India, Bangladesh and Sri Lanka
Vishmi Wijeratne
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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