Sri Lanka’s Hela Clothing accounts for 15% of Kenya’s apparel exports
The High Commissioner of Sri Lanka to Kenya Velupillai Kananathan has recently visited Sri Lanka’s Hela Clothing factory in Nairobi as part of the High Commission’s economic diplomacy.
Hela Clothing Managing Director Dilanka Jinadasa had received High Commissioner Kananathan at the facility.
Hela Clothing in Kenya remits its proceeds to the tune of US$ 130 million to Sri Lanka per annum.
Jinadasa has reportedly stated that the company works closely with global brands from design to delivery and has earned a reputation in Africa for its green initiatives, innovative business solutions and ethical and sustainable working environments.
He has further noted that Sri Lanka should also support outward investments which generate foreign exchange revenue to the country.
Hela Clothing Ltd. is a Sri Lankan owned ethical and sustainable apparel manufacturer with factories across Sri Lanka, Ethiopia, Egypt and Kenya.
The Company has been a pioneer in apparel manufacturing in Kenya since 2016 and has become Kenya’s largest intimate wear manufacturer accounting for 15% of Kenya’s total apparel exports.
OSL take:
The expansion and success of Sri Lanka’s Hela Clothing is indicative of the strength, growth and opportunities in the country’s private sector, especially in the apparel industry. The many trade agreements and concessions enjoyed by the country have also helped boost Sri Lanka’s apparel industry. Sri Lanka’s geographical positioning in the Indian Ocean has also helped in the handling of logistics by many industries. Foreign businesses/investors could therefore explore the growing business/investment opportunities in Sri Lanka’s apparel industry.
| Article Code : | VBS/AT/08072021/Z_4 |