Global textiles sourcing exhibition, 15th Intex in Colombo from in August
Daily FT: The premier international textile sourcing platform in South Asia returns to Colombo for its 10th edition.
This year, Intex Sri Lanka which will be held on 7-8-9 August 2024, is expanding across four halls at BMICH to support the industry to achieve the $ 8 billion garment export target by 2025. This dedicated trade show empowers Sri Lankan businesses to widen their product range, strengthen exports via networking with international suppliers and consolidating intra-regional partnerships to enable manufacturing through collaboration.
A must-attend event, this sourcing and trading expo enables the Sri Lankan RMG industry to source a vast array of natural and manmade textiles, trims, accessories, dyes, chemicals and software solutions by connecting with over 200 suppliers from over 15 countries with country pavilions from India, Taiwan, Pakistan, China as well as textile showcases by Korea and Japan.
This year also marks the debut of InMac, a boutique garment machinery and technology showcase co-located with Intex Sri Lanka. From advanced technology in sewing and embroidery to digital fashion technology solutions, InMac will see participation by Sri Lankan and Indian companies along with representations of products and services from over 10 countries.
Endorsed by the Sri Lanka Export Development Board (EDB) and Joint Apparel Association Forum (JAAF) along with its member associations, both Intex and InMac will offer comprehensive sourcing solutions for every stage of apparel production.
OSL take:
Sri Lanka’s apparel industry is on a growth path with many local businesses engaged in the industry engaged in expansion programmes locally and internationally. Apparel exports have been generating considerable revenue to the country and the Sri Lankan government has also provided many incentives to the businesses engaged in the apparel industry as well as investors to the industry in order to further strengthen businesses. It is in such a backdrop that Sri Lanka will host the premier international textile sourcing platform in South Asia come August. The event, while providing a platform for foreign businesses/investors to network with businesses in the apparel industry, could also explore the expanding business/investment opportunities in Sri Lanka’s apparel industry. Boosted by the many trade agreements and concessions enjoyed by Sri Lanka with many foreign markets, the growth and profits recorded by local businesses engaged in the apparel industry stands testament to the growing business potential in the industry. Foreign businesses/investors could also look at setting up bases in Sri Lanka to engage with other countries in the region using Sri Lanka’s strong trade ties while also looking at forming collaborations with local businesses in order to expand operations locally and internationally.