📈 Sri Lanka Aims to Reposition Handloom as High-Value Export Industry

Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe has called for traditional handloom to be treated as an "industry of the future," focusing on global demand for sustainable, high-value fashion products. • Key Focus Areas: The state initiative aims to tap into premium international markets by transitioning from traditional sarees to casual fashion, resort wear, and wellness-oriented apparel. • Competitive Advantage: Unlike mass-market apparel & textiles, the handloom sector offers unique local craftsmanship, distinct patterns, and sustainable features that are difficult to replicate globally. • Private Sector & Youth Integration: Calls were made for greater private sector investment to scale up production and commercialize designs, alongside combining the creative talent of young designers with business expertise. • Institutional Restructuring: The Government is currently restructuring key entities, including the EDB, the Department of Textiles, Laksala, and Salusala, to streamline support and enhance global market access.