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September 6, 2025

Sri Lanka punching above its weight: Coats Global CEO Rajiv Sharma

Coats Global CEO Rajiv Sharma with the team in Sri Lanka during his recent visit to the country

Coats Global CEO Rajiv Sharma was in Sri Lanka recently, on a flying visit which covered a tour of the Coats plant in Horana and the local head office in Colombo. A few one-on-ones with key players in the local apparel industry were also included in his busy schedule. He spoke to the Daily FT about global trends, resilience of the Sri Lankan economy, apparel industry, and the optimism its people bring to the equation. Following are excerpts.

August 18, 2025

Sri Lanka’s apparel industry remains consistent in compliance and sustainability: WRAP Chief Avedis Seferian

World’s leading apparel certification body commends Sri Lanka’s apparel industry for embracing social compliance and sustainability amidst global challenges

August 18, 2025

Aitken Spence to revive two garment factories in Koggala with US $ 3.6mn investment

Blue-chip conglomerate Aitken Spence has entered into an agreement with the Board of Investment (BOI) to kick off operations of two garment factories that halted operations recently, due to reduced orders.