Shri Lanka To Ban Fabric Imports
Sri Lanka is all set to ban the import of textile fabrics in
a bid to protect domestic industry, the state minister for batik, handloom
textiles and local apparel productions, Dayasiri Jayasekara, has announced. The
relevant gazette notification has been approved by Parliament, and will be
notified soon, the minister said.
Jayasekara told a news conference that a number of factors had contributed to the decline in the production of local handloom textiles, and that the local handicrafts industry had collapsed in the wake of imports of large quantities of textile products such as saris, pillows and bedding. The minister also regretted that the local handicrafts industry could not be developed as a result. The government is taking steps to revive the batik industry, he added.
Among the plans to revive the local handicrafts industry is a proposal to provide incentives of SLR 5,000 to individuals. Local manufacturers will also be given the opportunity to supply fabrics for school and security uniforms. “We now have a great opportunity to take handloom textile and batik products manufactured in Sri Lanka to a great height,” the minister said.
Sri Lanka’s batik, handloom and apparel industry has set an
export target of $6 billion for 2021. Exports in 2020 had dropped from $5.6
billion in 2019 to $4.4 billion for the year.
0 Comments
If you have any doubts, please don't hesitate to ask