South Asia Textile launches Rs 1 b expansion program
Textile manufacturer South Asia Textile Industries Lanka recently
launched an expansion program, having already begun investing what will
ultimately be over Rs. 1 billion, in the latest fifth Generation Hybrid/Nano
technology used in state-of-art textile machinery in all its divisions.
New equipment to be installed includes high-end fully computerised
printing machines imported from Stork, in Austria and Holland.
At the same time, substantial investments have also been made in
South Asia Textile Industries Lanka's state-of-the-art testing
laboratory, gearing it up for the next generation of challenges.
With the addition of new, sophisticated equipment, the laboratory
continues to maintain its highly sought after accreditation by leading
global apparel brand names such as Marks & Spencer, NEXT, Limited Brands
and many, many others.
South Asia Textile Industries Lanka, in keeping with international
compliance standards, is nearing the achievement of the respected 'Zero
Discharge' standard in terms of industrial waste, which is a major part
of a commitment for 2020 by global clothing brands and apparel, and
related industries.
Chief Executive Officer Prithiv Dorai said, "The large scale
expansion will allow South Asia Textiles Industries Lanka to reach a
completely new dimension in textile manufacturing in Sri Lanka.
Not only will it facilitate extensive benefits to local apparel
manufacturers in terms of speed and flexibility, but it will also result
in a greater availability of the latest fabric styles and colours, in
keeping with international trends."
South Asia Textile Industries Lanka is a subsidiary of Lanka Century
Investments PLC and Ceylon Leather Products PLC. |