Steps mooted to expand Sri Lankan Garment industry
01 Apr '06
2 min read
Prices must be worked out and quoted within 24 hours, Fernando said and product development must be turned around fast.
Comprehensive knowledge of business is essential for garment manufacturers to compete effectively with other competitors.
He said the global networks, marketing exposure and expertise have driven the industry forward in areas like technology, design, creativity, and importance of productivity, competitiveness and positioning.
Fernando said the industry has failed to attract all major buyers to set-up Sri Lanka as the hub for South Asian production.
For the creation of such a hub in Sri Lanka, fiscal incentives should be offered to attract more large and small buyers in order to make Sri Lanka the gateway to Asia and set up their operations in this country, he said.
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