JEANS IN SRI LANKA

The jeans industry in Sri Lanka is very well established since many years ago. There are several export based companies involved in the manufacturing of jeans.  The population of the country is around 20 million people and the nominal per capita GDP is around  3000 USD. Inflation rate is 6.4%, not low.
Inflation over the years has been influencing significantly the growth of the economy by slowing down net growth. In spite of that, the economy has grown steady, but certainly if inflation would not so strong, the country could do much better. Please check graph below






The local currency, the rupee, has been depreciating over the years. This has been a strong help to exporters of the jeans industry.


It is important to consider these macroeconomic variables in order to analyze the performance of the country and its future. Sri Lanka needs very special conditions in order to compete globally. An experienced and value added work force is needed now and in the future. Local companies have done very strong investments in capital equipment in order to provide top quality garments to their customers. The challenge of the country is to keep educating its work force and also to keep wages under control for export oriented companies. Due to its "isolated" location, Sri Lanka may seem a country of difficult logistics for exporting garments and import raw materials (cotton) but it has proven succesful until today as several companies are top notch suppliers of important brands in the US (GAP, Tommy, Next, Guess).

The three main companies in the country are Brandix, Maliban, LIC and Gloria Vanderbilt. The industry is mainly located in Colombo area. It is important to notice that political stability these days seems under control and this should be a positive aspect for the country future jeans business. The country also offers good tourism opportunities, making an enjoyable place for investors and visitors.

Please take a look at the following links for these jeans companies in Sri Lanka:

BRANDIX
MALIBAN
LICJEANS 

FACTORY IN SRI LANLA