Fri, 27 May 2022 Today's Paper

Apparel exporters seek access to local market

17 February 2020 09:45 am - 0     - {{hitsCtrl.values.hits}}

A A A

Rehan Lakhany

 

  • Say local market access would enable developing of own brands which can be taken to int’l market later
  • Request govt. to revisit policies that restrict access to local market as Lankan consumer deserves better product
  • Currently export firms under BOI need to pay Rs.100 per garment or Rs.100 for six pack of garments to supply to local market 
  • Earlier authorities permitted apparel firms under BOI purview to sell 40% of their production in the domestic market

 

 

Sri Lanka’s apparel exporters recently requested the authorities to revisit policies which restrict their access to the local market in order to develop their own brands, which can be later taken into the international market.


 “We have to deviate from the present connotation that the local market is available only for rejects or excess. We should be away from that. 


“Our desire is not to flood the market but to see the possibility of creating our own brands of this matured industry for potential international markets for which the testing ground could be the domestic market,” Sri Lanka Apparel Exporters Association (SLAEA) Chairman Rehan Lakhany said.


He was speaking at the Annual General Meeting of SLAEA held in Colombo recently. 


At present, Sri Lankan firms operating under the purview of the Board of Investment (BOI) are required to pay Rs.100 per garment or Rs.100 for six packs of garments to supply their products to the local market. 


However, the government earlier permitted apparel firms under BOI purview to sell 40 percent of the production in the domestic market to allow local consumers to procure a quality product.


Lakhany pointed out that access to local market is crucial to develop international brands gradually. 

Hence, urged the government to relook the policy in relation to the sale of goods manufactured by the export-oriented manufacturers, including sale of goods to the domestic market.


He also opined that local consumers deserve to enjoy quality garment products rather than ejects or excess products. “We have to deviate from the present connotation that the local market is available only for rejects or the excess. We should be away from that. Our products are being appreciated as super quality products produced in an ethical destination. 


Surprisingly, the consumers in our country are not being given the opportunity of procuring such goods from our own industrialists or our own factories, and due to historical reasons these restrictions continue,” Lakhany went on to say.

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Shocking inside stories of the sugar scam

In the backdrop of former Finance Minister Ali Sabry’s proposed plan to inc

Sri Lankans stuck between hunting for essentials and fighting for good governance

Sri Lanka, a tiny South Asian nation of 22 million people, is experiencing fi

Food crisis in Sri Lanka From granary of East to barren nation

A damning revelation by the Food and Agriculture Organisation (FAO) states th

The danger of Basil Rajapaksa’s rule by proxy

Last week, I wrote that the fate of the Ranil Wickremesinghe government would