Vertical integration Archives

December 7, 2023

FAAMA Chairman emphasizes need for SL to adopt vertical integration in apparel manufacturing Highlights adverse effects of abolishing Simplified Value Added Tax (SVAT) Notes sustainability, traceability significant concerns for industry 7th December 2023: Asserting the importance of vertical integration, Chairman of the Fabric and Apparel Accessory Manufacturers Association (FAAMA), Sahan Rajapakse stated […]

September 19, 2023

18th September 2023: The newly appointed Chairman of the Fabric Apparel Accessory Manufacturers Association (FAAMA), Sahan Rajapakse, highlighted the importance of strengthening vertical integration and import substitution of textiles as the way forward for the industry. Speaking at the 16th Annual General Meeting of the Association, the Chairman of FAAMA noted that […]

August 30, 2021

25 August 2021: To utilise the fullest extent of the GSP+ benefits, Sri Lanka’s apparel industry must increase the value addition to its exports to the EU from the current 52 per cent to 65 per cent quickly. Vertical integration in Sri Lanka’s apparel industry is one of the quickest ways to […]

Sri Lanka’s Apparel Manufacturing Industry Asserts Importance of Vertical Integration, Improved Government Policy Support

“Sri Lanka’s Apparel Industry Aims for Vertical Integration and Stronger Trade Ties, Says FAAMA Chairman”

Vertical integration can help boost Sri Lanka’s apparel exports to the EU – Hemantha Perera