Apparel SMEs need help
The Small and Medium Enterprise sector of the Lankan apparel industry
which is currently weakening needs assistance and correct direction to
enable it to realize its full potential to become the backbone of that
sector as it is in many other countries.
However, the country situation now provides new opportunities for
investors in the respective industry to look at new and more profitable
areas of textile manufacture which is in technical textiles.
Textiles such as geo textiles and medical textiles are of particular
The technology for Sri Lanka to get into these areas should come
through Foreign Direct Investments or through joint venture
The government should offer high incentives to attract such
pioneering industries so far totally ignored by the textile
manufacturing community, the Sri Lanka Export Development Board said.
Sri Lankan Textile and Apparel Industries including leather products
and footwear form an important sector in the economic development of the
country. Local textiles sector caters to the apparel export industry and
domestic consumer through imports and local production.
However, this area of industry has not been able to reach its full
potential due to many factors.
A hand-loom industry manufacturing bed sheets and dusters which can
be easily manufactured by power looms has no future. The survival of the
hand-loom industry depends on its ability to upgrade itself into high
end fashion market as has been recently developed in both India and
The demise of the hand-loom industry is mainly due to its inability
to pay a competitive wage to its employees.
This initiative should attract new entrepreneurs and designers to
manufacture a product mix which can be priced sufficiently high to
sustain contented workforce.