The financial crisis in Sri Lanka is leading to a diversion of many apparel orders from UK, EU, and Latin America to India,

Fuel deficiencies in the midst of its most horrendously awful monetary emergency and following power cuts are upsetting the development of key products in Sri Lanka. For example, much of the garment orders have proactively begun moving to India and presently a comparative pattern is being seen in the materials areaparticularly as India and Sri Lanka produce comparative sorts of clothing and articles of clothing.

However, Sri Lanka’s apparelgetduty-free access to different nations, in contrast to Indian products. Sri Lankan exporters are also attempting to keep their material area safeguarded in spite of the emergency,, says A. Sakthivel, Head, Indian Export Organizations (FIEO).

Sakthivel added that exporters have started getting inquiries from a few European nations. NarendraGoenka, Director, AEPC agreed that India can arise as alternative to Sri Lankan clothing as it can create most of similar items at lower cost.