Without GSP, Sri Lanka Textile Enterprises Can Also Develop Rapidly.

Although GSP+ convenience is regarded as a reward for the industry to enter the global market, industry can not always rely on such preferential treatment.

Sri Lanka's labor cost is relatively lower than Eastern Europe's labor cost, which is 1/10 of the European labor cost.

This is an advantage of Sri Lanka.

Experts said that at present, Sri Lanka enterprises should focus on improving production capacity and increasing their production capacity to 85-90%.

If the industry can achieve such a high production capacity, and improve products at the same time.

As labour costs in Eastern European countries have surged, investment may flow into Sri Lanka. At present, about 5000 jobs have been created in the investment promotion area in the area of the card city.

As these companies maintain high levels of productivity, quality and quantity are delivered on time, buyers continue to buy their products.

Therefore, according to experts, the key to better development lies in buyers.

However, at present, companies find it difficult to recruit workers, mainly because workers do not get the recognition they deserve.

Most of the foreign allowances have been granted to women working in the garment industry in the Middle East and women in major export industries, with an allowance of more than 1 billion dollars.

Although working women play an important role in economic development, their contributions have not yet been recognized.

There are about 50 vacancies in a jeans factory in the Mu Po ha area, but the employment rate in this area is 99.9%.

The company plans to increase Nissan to 10000 jeans next year, compared with 8500 of the current Nissan production.