Garment Industry (1)

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WELCOME
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Contents
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1. GARMENT INDUSTRY OF SRI LANKA
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• The textile industry or apparel industry is
  primarily concerned with the design and
  production of  yarn , cloth and clothing and
  their distribution.
• The raw material may be natural or synthetic
  using products of the Chemical Industry.
• The design, manufacture and export of textiles
  and apparel products is one of the biggest
  industries in Sri Lanka.
• It plays a key role in advancing the country's
  economy. Sri Lankas apparel export industry is
  the most significant and dynamic contributor for
  Sri Lankas economy. 
• The apparel industry of Sri Lanka employs about
  15 of the country's workforce,
• Further this sector accounting for about half of
  the country's total exports,

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Sri Lanka is among the top apparel-producing
countries in the world
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Special Features of Sri Lankan Apparels

• Sri Lankan Apparel categories spans, Sports wear,
  Lingerie, Loungewear, Bridal wear, Work
  wear, swim wear and childrens wear.
• These products are manufactured and exported with
  the flexibility of catering to specific seasons
  of many countries around the world.
• USA and the United Kingdom have historically been
  the largest buyers of Sri Lankan apparel
  throughout the decades.
• Sri Lankan apparel has evolved from traditional
  exports and tailoring designs to providing
  sophisticated solutions, creativity and
  experience in BPO services, Fashion, RD and
  Innovation Centers bridging the countrys gap
  between developing and developed.
• The country has the highest apparel exports per
  capita of any exporting nation in the region.
• Sri Lankan Apparel Manufacturers
  Suppliers' long term relationships with reputed
  multinational retailers who have identified
  standards of manufacture and compliance have led
  to economic sustainability.

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Development
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• Sri Lanka's apparel industry began to grow in the
  1980s ,
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• Under the Multi Fiber Agreement, quota regime Sri
  Lanka became an attractive new venue for
  businesses.
• In 1985, Martin Trust, one of the pioneers in the
  development of "speed sourcing for the American
  fashion retail sector, began working with Sri
  Lankan textile and apparel companies.
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• In 1986 and 1987 he established joint venture
  partnerships with The Omar Group (formerly known
  as LM Apparels and part of the Brandix group) and
  The Amalean Group which helped make the country
  more competitive through knowledge transfers and
  technology, attracting further foreign investors.
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•  These were the first of nearly two dozen joint
  venture companies in Sri Lanka which made the
  country competitive in the garment sector.
  Including Trust's partnership with
  German brassiere maker, Triumph International,
  and Sri Lankan company, MAS Holdings, to create a
  new venture called Bodyline.
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Economic growth

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• Over the next few decades, the apparel industry
  grew to represent Sri Lanka's number one export.
  Following a 38 increase in textile-based revenue
  from 1996 to 1997, in which the industry
  generated 2.18 billion in earnings,
• 50 new textile factories opened in Sri Lanka in
  1998. As of 1998, the Sri Lanka apparel industry
  employed about 300,000 people in 800 factories.
• Sri Lanka nationals are primary owners of 85 of
  the small-to-mid-sized factories, while larger
  operations are typically joint ventures or
  foreign-owned.
• The end of Sri Lanka's civil war in 2009 relieved
  pressure on the country's garment industry.
• After fighting ceased, Brandix, a garment
  manufacturer with 25,000 employees, announced
  that its factory in Punani would double its
  exports Later that year, Sri Lanka held its
  largest ever Design Festival, highlighting the
  country's high-fashion merchandise,
• upcoming designers and advancing the industry's
  desire to become known as a hub for design, as
  well as manufacturing. More exhibits followed
  once the Conference and Exhibition Management
  Services began operating out of Sri Lanka in
  2010.
• As of the late 2000s (decade), the Sri Lankan
  textile industry contributes 39 to the
  industrial production of the country and
  represents 43 of the country's total exports.
  Since the 1970s, the industry has grown to become
  the country's largest single source of export
  revenue

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 Trade partnerships

• The United States is the main importer of textile
  goods from Sri Lanka, accounting for 76 of total
  exports from Sri Lanka. As of 2009, Sri Lanka
  ranked 12th among apparel exporters to the United
  States in terms of value
• Sri Lanka partnership was advanced in 2000 in
  part by setting up logistics centers at key US
  ports to smooth the importation of Sri Lankan
  goods.15 Beginning in 2004, Sri Lankan
  officials have sought to increase textile deals
  in North Carolina, the American state with the
  largest concentration of textile industries

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Social responsibility
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• Women working in Sri Lanka apparel industry.
• Sri Lanka's apparel industry has invested much in
  achieving recognition for "conscientious
  standpoint in apparel production".
• Through the long-running Garments without Guilt
  campaign, the industry's trade association, Sri
  Lanka Apparel has called attention to its
  adherence to ethical considerations, including
  its opposition to child labour.
• Sri Lanka Apparel is a signatory to 39
  conventions of the International Labour
  Organization, the only country with a significant
  manufacturing industry to do so.
•  Child labour is outlawed in the country, and the
  minimum statutory age for employment is 18,
  though some conditional exemptions exist for
  those over 16. Sri Lankan law also mandates that
  employers contribute 3 of an employee's salary
  to a trust fund, which the employee receives
  after he or she leaves the company.
• Among the largest firms in the Sri Lanka apparel
  industry, employing about 16,000 people is MAS
  Intimates, which is a supplier to Gap, Marks and
  Spencer, Nike and Victoria's Secret, among
  others. In recent years, MAS has placed a strong
  emphasis on corporate social responsibility, for
  which it has been recognized with
  a CIMA Financial Management Award in 2007.
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Top Apparel Giants in Sri Lanka