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