Sri Lankan Clothing Firms Invest in India
DUBLIN, Ireland--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/reports/c91296) has announced the addition of Sri Lankan Clothing Firms Invest in India to their offering. Textiles and apparel are key manufacturing sectors in Sri Lanka. Between them they account for over 43% of the country's total exports and for more than 56% of its industrial exports. In addition, they account for 39% of total industrial output in value terms, according to data for 2006. This places them ahead of food, beverages and tobacco (22%), chemicals, petroleum, rubber and plastic products (21%) and non-metallic mineral products (8%). Furthermore, the textile and apparel sectors are a major source of employment. They are estimated to have accounted for about 75% of Sri Lanka's total manufacturing workforce in 2007 when indirect employees are taken into account. For more information visit http://www.researchandmarkets.com/reports/c91296. Research and Markets Laura Wood, Senior Manager Fax: +353 1 4100 980 press@researchandmarkets.com Copyright Business Wire 2008
