Ready-Made Garment Industry in Sri Lanka: Preparing to Face the Global Challenges
Loading...
Date
2005
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
With the phasing out of the Multi-Fibre Arrangement (MFA), the Sri Lankan economy, highly dependent on garment exports, has become vulnerable to the changing scenario affecting this industry in the global trading system. In such a global environment, strengthening the competitiveness of the garment industry has become a sine qua non for Sri Lanka to remain one of the suppliers of choice in her major markets. The industry therefore needs to articulate new response mechanisms to address the emerging challenges. A realistic course of action should involve addressing the major constraints in both the supply and demand sides of the industry. This paper highlights these issues and suggests some strategies for coping with the new global challenges.
Description
Keywords
Garment industry, Textiles, Sri Lanka, MFA