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 on the sidelines of a media briefing last
week 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, Sri Lankan media
reports 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 Rs
16 billion in 2018 recording a monthly capacity of 1,500