CEMS-Global USA’s three comprehensive international exhibitions focused on the entire textile and garment sector of Sri Lanka – ‘6th Textech Sri Lanka 2015 International Expo,’ an international exhibition on textile garment technology and machinery,’ along with concurrent exhibitions ‘20th Dye+Chem Sri Lanka 2015 Int’l Expo,’ an int’l exhibition on dyes and fine and specialty chemicals, and ‘6th Colombo Int’l Yarn & Fabric Show 2015’ kicked off yesterday at the Sri Lanka Exhibition & Convention Centre (SLECC), Colombo. The exhibitions will run through 14 March.
Sri Lanka’s coloured stone industry which is the fourth largest export earner in the island should export more value addition gems to contribute better to the country’s’ export earnings , a senior official at Export Development Board (EDB) said.
“We are doing our best to achieve the highest value added gem market,” Bandula Egodage, chariman and chief executive of Sri Lanka Export Development Board said.
Sri Lanka’s apparel industry is well on its path to meet the apparel export target of US $8.5 billion by 2020. Apparel exports which bring the largest export income to the country have recorded an increase of 9.26% YoY by earning US $4.9 billion in the year of 2014. In 2013, earnings from apparel rose by 13% YoY, recording a $4.5 billion surpassing the US $4 billion target initially set by the apparel industry.