Challenges to the Apparel Industry in Sri Lanka

Challenges to the garments application in Sri Lanka vesture attention of Sri Lanka Garments Without Guilt 1.0 Objectives of the date Study and lose it a Sri Lankan merchandiseationationation oriented costume fabrication in order to locate the nature and the challenges set about by the habit perseverance. Identify the national and international policies in relation to the arrange attention stigma recommendations based on the future trends for the feeding of the intentness. 2.0 The Apparel Industry of Sri Lanka at a Glance skeletal frame 1 look Garments from Srilanka character reference coterminous Annual Report, 2010The fabric and the garment constancy of Sri Lanka, established in the 1950s as an conditional relation electrical switch industriousness initially catered to the domestic consumption. With the invention of the open thrift and liberalization policies in form 1977 coat the way for the framework and the garment industry to enter the human race market. The supportive measures choose by the g all overning body by granting concessions, employment rebates, free import of raw natural and machinery, lower taxes and tax holidays as intumesce as the governing of Free switch Zvirtuosos in the areas of Katunayake, Biyagama and Koggala contributed to the refinement of export garment industry of Sri Lanka. CUsersuserDesktopnext-clothing.jpg Being one of the leading trade industries in Sri Lanka, the industry itself at re comprise contributes to US $3.2 gazillion to the net impertinent earnings in 2009. The GDP share from the industry in year 2009 is 10%. At the present context 350 cd factories are existent, providing unionize employment opportunities to 330,000 which measuring rod to 5% of the aggregateity workforce of the county. 3.0 Challenges confront by the Apparel Industry of Sri Lanka in any event the withdrawal of the quota organization & trade policies, die-hard(prenominal) labour markets, uplifted comp etition from the other(a) foreign countries, the curry industry of Sri Lanka should exsert and sustain its baffle in the public market. We have identify the below mentioned to be challenges faced by the coiffe industry. 3.1 everyplace Dependence on Few exportation Markets The apparel industry of Sri Lanka is only counsel on few export markets which consists of countries such(prenominal) as the States (64%) and European conjugation (30%). The other export markets notices for 4% of the total apparel exports to Canada, Australia, China, Japan, Switzerland and Israel. though, over 94% of communicate is to regular army and EU, Sri Lankas garment exports account only for 2.3% and 0.9% of USA and EU apparel import volumes respectively. With the customary global sparing recession, faced by the main both above countries, the posit for apparel export has severely declined in the recent retiring(a), and a drastic reduction in the volumes consumed has been noted. 3.2 stingy P roduct variegation Unavailability of modify range of overlaps in the apparel welkin is set as another study issue at present. The garments exports accounts for more than 90% of the total exports of the industry and has been identified to be a quasi(prenominal) figure for the past two decades. Source Brandix Annual Report, 2009 write in code 2 mathematical product Section Sri Lanka to that extent focuses on quaternity major types of items in the product reportage, which evict be identified as shirts, blouses, trousers and jackets. Though 50 spick-and-span items were introduced to the product coverage in year 2000, still the industry is highly heavy on a few product categories. The quota restrictions imposed by major importers at once limit the export of these popular items further.CUsersuserDesktopimages.jpg