Business
Intex seeking to increase local apparel sector’s brand visibility and market presence
Intex, the International Textile Sourcing Show, is back in Sri Lanka and scheduled to take place from August 9-11 at the BMICH, Colombo. With Sri Lankan garment exports touching US$ 5.93 billion in 2022, Intex looks to strongly support Sri Lanka’s apparel sector across multiple levels by increasing industry and brand visibility, helping to expand market presence internationally and creating opportunities to strengthen its position in regional and global supply chains, an Intex press release said.
The release adds: ‘Since 2015, Intex has been facilitating business collaborations, fostering innovation, and promoting trade opportunities. This year, Intex Sri Lanka will present a range of exhibitors spanning the entire textile value chain including yarns, fabrics, accessories, denims, dyes and ancillary support systems comprising certifications & designing solutions and more.
‘Yohan Lawrence, Secretary General of the Joint Apparel Association Forum (JAAF) stated, “The Joint Apparel Association Forum is very proud to once again partner with Intex in Colombo and are really excited in having a physical show in August this year. Intex is being organised at the right time as post-Covid, the Sri Lankan apparel industry has seen an incredible recovery with the industry operating at full capacity.”
‘In 2022, Sri Lanka imported US$ 146.47 million in yarn, US$ 311.78 million in knitted fabrics, and US$ 278.38 million in woven fabrics from India. The India Pavilion at Intex Sri Lanka which brings over 70 companies from India including members of the Cotton Textiles Export Promotion Council (TEXPROCIL), looks to fulfil these and other demands for raw material by the Sri Lankan apparel industry.
‘Ms. Arti Bhagat, Executive Director of Worldex India, the organisers of Intex Sri Lanka since 2015 said, “Sri Lanka’s textile & apparel sector has a strong international reputation for quality, craftsmanship and ethical manufacturing practices. Intex Sri Lanka aims to help the industry sharpen its competitive edge through value additions in order to further enhance product quality, diversity and availability.”
‘In addition to the exhibition, Intex Sri Lanka will showcase the flagship market intelligence event – the Interactive Business Forum (IBF) Seminar Series featuring WGSN, Cotton USA and industry stalwarts to name a few. Topics including market trends, sustainability, digital transformation, supply chain management, traceability and more would provide valuable insights and knowledge to navigate the evolving textile landscape.
‘Over the years, INTEX in Sri Lanka is endorsed and supported by Sri Lanka Export Development Board (EDB), Joint Apparel Association Forum (JAAF), Sri Lanka Apparel Exporters Association (SLAEA), Sri Lanka Apparel Sourcing Association (SLASA), Sri Lanka Apparel Brands Association (SLABA), Sri Lanka Chamber of Garment Exporters (SLCGE), Fabric & Apparel Accessory Manufacturers Association (FAAMA), Free Trade Zone Manufacturers Association (FTZMA), The Cotton Textiles Export Promotion Council (TEXPROCIL), High Commission of India, Colombo, KOTRA Colombo, Embassy of Indonesia in Colombo, Sri Lanka and others.
‘Be sure to mark your calendar for this must-attend event that promises to shape the future of the textile and apparel industry in Sri Lanka and beyond.’
For more information, visit our website: https://sl.intexsouthasia.com
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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