MAS Holdings, largest manufacturer of intimate apparel, has been recognized as the ‘Exporting Conglomerate of the Year’ at the Presidential Exports Awards 2018. The overall award was introduced for the first time to appreciate and celebrate export excellence by a Sri Lankan Corporate at the event.
The Conglomerate of the Year Award was based on criteria that encapsulated a company’s export turnover, financial performance, value addition and creation of employment opportunities. MAS Holdings was evaluated on the basis of product and market innovations as well as implementation of sustainable policies and it has displayed industry wide dominance and leadership over the years. Other parameters where MAS holdings outshined were company’s impact through CSR, implementation of Quality Management Systems, incremental growth of exports, and exports under Sri Lankan registered brands.
At the same event MAS intimates was honoured with the coveted ‘Exporter of the year’ award and has also received the overall awards for ‘Net Foreign Exchange Earner’ as well as ‘Contributor from the Region to the Export Supply Chain’.
Commenting on the occasion, Chairman and Co-founder of MAS Holdings, Deshamanya Mahesh Amalean said, “MAS is proud to have contributed towards positioning Sri Lanka as an ethical and sustainable destination for high value-added, technologically advanced design-to-delivery apparel solutions. These awards are a testament of the hard work and commitment shown by all our associates across the country and beyond.”
The gala awards were held under the patronage of President Maithripala Sirisena at the BMICH, Colombo.
In addition to this, the company walked away with two sectoral awards, the Highest Foreign Exchange Earner in the apparel section was won by MAS intimates whereas the Highest Foreign Exchange Earner in the footwear category was attained by MAS Fabrics Matrix.
The Presidential Export Award was introduced by the Export Development Board in 1981 and it is the most prestigious awards for the exporters in Sri Lanka. The award is presented to exporters who made significant contribution to Sri Lanka’s export market.
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