Sri Lankan firms participate at Pakistan’s premier textile and leather exhibition – Texpo
Daily FT: The 2024 edition of Texpo, Pakistan’s premier textile and leather exhibition, has successfully concluded, attracting a significant presence from Sri Lanka and around the world.
Texpo, Pakistan’s leading textile and leather exhibition, organised by the Trade Development Authority of Pakistan (TDAP) was held from 23 to 25 October in Karachi. The event aimed to promote Pakistan’s textile and leather industries, fostering business collaborations and trade opportunities.
The 2024 edition of Texpo attracted an impressive participation of over 900 delegates from 55 nations worldwide, featuring a strong contingent of 28 prominent Sri Lankan companies like Brandix Apparel Ltd., Hirdaramani International Exports Ltd., Timex Garments Ltd., Hameedia Garments Ltd., Star Garments, Harley’s Group, BATA and DSI, along with many more that showcased their expertise in textiles and leather.
Texpo 2024 witnessed the participation of over 55 Trade and Investment Attachés of Pakistan from around the globe, representing four distinct regions, wherein Sri Lanka emerged as the recipient of the prestigious ‘Best Representation Award’ from the Asia and Oceania region.
The best delegation award from the Asia and Oceanic Region was given to the Trade and Investment Attaché of the Pakistan High Commission, Colombo, for bringing the best delegation. TDAP gave four high achievers award for best performance and the Trade Wing, Colombo was the second highest achiever with second largest delegation from a country and largest delegation from Asia and Oceanic Region, being ahead of countries like China, East Asian Nations and Oceanic region.
OSL take:
Sri Lanka’s textile and apparel industry is a key revenue generator to the country in terms of the manufacturing and export industries. The steady growth recorded by the apparel industry through the years indicates the growth and business potential in the industry, which in-turn has expanded the business/investment opportunities. While the strong trade ties enjoyed by Sri Lanka have helped boost the country’s exports sector, the further expansion of the country’s trade ties with more foreign countries would further expand business/investment opportunities in the local apparel industry. Given the growing business potential in the industry, foreign businesses/investors could confidently explore the expanding opportunities in the apparel industry while also looking at forming collaborations with local businesses to further expand operations locally and internationally.
| Article Code : | VBS/AT/20241020/Z_4 |