Sri Lanka’s leading textile manufacturer Hayleys Fabric is aiming at increasing its focus on value addition by moving to the higher-end of textile manufacturing.
The company reported that it remains on high alert to respond to potential threats while pursuing its growth strategy focused on the synthetic fabric portfolio.
“Sri Lanka’s economic crises and the resultant political instability have blurred the outlook for the country. Sri Lankans have remained resilient throughout history with the ability to navigate past the rapids to calmer waters and will unite to set the country on the road to recovery,” stated A.M. Pandithage, Group Chairman, Hayleys Fabric in the company’s latest annual report as observed by Daily Mirror.
Pandithage further shared that the year ahead is looking positive with increased production capacity and full order booking.
It’s worth noting here that Hayleys Fabric’s capabilities comprise knitting, dyeing and finishing nearly 900 tonnes of weft knitted fabric which converts to around 3 million metres per month. Most of the fabrics are technically engineered to suit specific brand requirements in the business of activewear and lingerie.
