Sri Lanka's Apparel Industry

Topics: Sri Lanka, World Trade Organization, Manufacturing Pages: 2 (667 words) Published: August 26, 2012
Sri Lanka’s export apparel industry is the most dynamic contributer of the local Sri Lanka’s apparel export industry is the most significant and dynamic contributor for Sri Lanka’s economy. The industry has grown over the last three decades and has become the number one foreign exchange earner and the largest single employer in the manufacturing industry. The industry provides direct employment opportunities to over 300,000 and 600,000 indirectly which includes a substantial number of women in Sri Lanka. This industry, virtually entirely privately owned has successfully exploited the opportunities the international market. Further, the co-operation between the Government and the private sector was a significant factor contributing to the spurt in apparel exports. Today, the garment industry occupies a pre-eminent position in Sri Lanka, producing high quality garments combined with an industry which is flexible and uniquely capable in servicing leading international brands such as Victoria’s Secret, Gap, Liz Claiborne, Next, Jones New York, Nike, Tommy Hilfiger, Pink, Triumph, Ann Taylor, Speedo, Abercrombie & Fitch, Land’s End, Marks & Spencer, Intimmissimi, etc. A wide range of apparel for men, women, girls, boys, children and babies in the categories of fashion-wear, sportwear, lingeries, work-wear, rain-wear, swim-wear is manufactured and exported with the flexibility of catering to the specific seasons to many countries around the world. USA and UK are the top markets for Sri Lankan apparel through out the decades. The industry has been positioned as a socially responsible and preferred destination for apparel sourcing. Sri Lanka is also the only outsourced apparel manufacturing country in Asia which has ratified all 27 International Labour Organisation (ILO) conventions. It stands out as a reliable source that pays fair wages to its workers while discouraging sweatshops and child labour in its businesses Long term relationships with large reputed...
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