The Sri Lankan apparel industry has set an export target of US$ 5 billion by 2010 with aggressive growth in the industry despite the current global economic slowdown.
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Posted on: Thursday, December 18, 2008 ; 05:38 IST
The Sri Lankan government will import 10,000 metric tonnes of rice from India, Pakistan and Thailand to meet the current shortage of rice in the local market.
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Sri Lanka is steadily building a reputation as exporter of the world's finest black tea to China where it is rapidly gaining ground among the Chinese people, thanks to the Sri Lankan tea industry’s innovative measures to capture the growing Chinese market
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Sri Lanka is well poised to earn a record US$1.4 billion from tea exports this year, in view of the encouraging trend of tea exports recorded during the first eight months of 2008.
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Posted on: Tuesday, September 02, 2008 ; 05:33 IST
The Tea Board of India and Tea Board of Sri Lanka have signed a comprehensive economic partnership agreement which would enable free flow of tea into each other’s country without having to go through the process of testing.
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Sri Lankan garment exporters have been given substantial concessions by the island government under the Comprehensive Economic Partnership Agreement signed recently between Sri Lanka and India.
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RPTL signs power pact with western region power utilities
Reliance Power Transmission (RPTL), subsidiary of Reliance Infrastructure, India’s largest private sector enterprise in power utility, has signed power transmission agreement with eight entities from western India for two inter-state power transmission projects.
RPTL signed the agreement through its two Special Purpose Vehicles (SPVs) for the projects under the Western Region System Strengthening Scheme-II (WRSSS-II), entailing an investment of INR18 billion, for establishing 400 KV double circuit transmission lines of around 1,500 kms, mainly in Maharashtra Continue
