Business
Dipped Products launches ambitious new venture into high-tech sports gloves for EU & US
Global pioneers in sustainable integrated glove manufacturing, Dipped Products PLC (DPL), a subsidiary of the Hayleys Group, commenced commercial operations at its state-of-the-art manufacturing plant in Biyagama, in line with its ambitious diversification into precision engineered sports gloves.
Constructed with an investment of Rs. 1.3 Billion, the new facility aims to leverage DPL’s exceptional scientific and technical expertise in producing gloves for industrial, household and medical applications to design and build sports gloves that offer the maximum in performance, protection and comfort.
“We are excited to formally commence the production of DPL’s precision-engineered sports gloves. Globally the segment is expected to hit US$ 1.7 billion by 2027, and we see immense potential for DPL to capture significant market share. Our goal is to combine our nation’s well-established apparel manufacturing capabilities with DPL’s highly advanced technical capabilities in industrial hand protection to produce high quality, premium sports gloves right here in Sri Lanka,” DPL Managing Director Pushpika Janadheera said.
DPL will initially produce 10 new categories of custom-designed sports gloves including cycling, mountain biking, golf, baseball batting, American football, equestrian, winter sports, running and functional fitness, motorbikes and weight lifting.