Sri Lanka’s apparel sector is heading for a major crisis due to an acute labour shortage, which needs to be addressed by using latest technology, DMS Group Head Ruwan Rathnathunga said.
“The apparel sector is a high labour intensified sector and the current labour shortage will be a challenge for the sector with the GSP Plus trade arrangement coming into effect, Rathnathunga said at an event that was held to launch the latest sewing machines for the local apparel industry by a leading Chinese company.
The presentation took place at the Kingsbury Hotel, Colombo last week A large number of CEOs, General Managers and decision-makers in the apparel industry were present at the event.
He said with the GSP Plus trade arrangement Sri Lanka has a great potential to export apparel to EU countries duty free but the skill labour shortage would hamper the opportunity to tap that lucrative market.
“As a leading supplier of garment technology equipment in Sri Lanka with a history of over three decades, we are very happy to create another milestone in our industry by introducing a global leader in the garment technology industry to Sri Lanka at an exciting time in the apparel industry when Sri Lanka is facing new challenges in the global environment with the regaining of GSP Plus, he said