Related Keywords: directly impacted by demand, domestic apparel manufacturers, EU and USA, first quarter, foreign retailers, Knit garment exports. Generalised Scheme of Preferences Plus, Sri Lankan apparel industry, Sri Lankan leading textile manufacturer, strong demand, Textured Jersey Lanka PLC, total apparel exports, witnessed growth rate
Sri Lankan apparel industry has witnessed 9.8 percent growth rate as strong demand was sustained from the EU and the USA in the first quarter of 2015. The apparel export to the US and EU increased by 8.8 percent and 10.9 percent respectively.
Over the year 2014-15 the total apparel exports from Sri Lanka accounted for 89 percent to the US and EU.
Textured Jersey Lanka PLC (TJL), Sri Lankan leading textile manufacturer said that the company is also directly impacted by demand from domestic apparel manufacturers and foreign retailers.
