Sri Lanka is hosting Textech from March 9 to 11, 2017. This is an exhibition for textile garment technology and machinery. The event showcases products like chemicals and dyes, office and commercial supplies, computer hardware and software, industrial products, printing and publishing, plant, machinery and equipment, textiles, fabrics and yarns.
Textech is being held along with two concurrent fairs – Dye and Chem and Yarn & Fabric Show. More than 200 exhibitors from over six countries are participating in these expos. The expos are targeting the entire business community and are playing an important role by assembling worldwide technology, machinery and material manufacturers and the chemical sector under one roof.
Sri Lanka’s apparel exports account for over 50 per cent of its export earnings. Sri Lanka has always been an important location for apparel firms. Investors and international textile and apparel players are looking at Sri Lanka with renewed interest. One reason could be because the country may regain GSP Plus on exports to the European Union. This could expand the country’s export earnings.
Sri Lanka’s garment exporters have a design-to-deliver supply chain. This means design, manufacture and logistics such as delivery are all carried out in Sri Lanka.