Sri Lanka’s weft knitted fabric manufacturer Ocean Lanka (Pvt) Ltd plans to expand its market in Japan, according to company Managing Director Austin Au, who recently said discussions are under way to start exports early next year. He said the company has a market presence in Japan and is looking at more markets in the high-end European sand US segments.
Au was speaking recently to mark its system partnership with Bluesign, a Swiss holistic system that provides solutions in sustainable processing and manufacturing to industries and brands. The company, a joint venture between Hong Kong based Fountain Set Holdings and local apparel giants Hirdaramani Group and Brandix Lanka limited, will benchmark its eco-friendly standards in production, report quoted Au as saying. Ocean Lanka has been producing quality fabric for global brands like Victoria’s Secret, Nike, Marks and Spencer, GAP, Adidas and Next. The company’s annual turnover surpassed `16 bn in 2018 recording a monthly capacity of 1,500 tonnes.