Bondville management receiving the agreement from BOI officials
Bondville Manufacturing Ltd. is to set up a new factory in the Gonapola area to produce bonded garments for export purposes.
The latest venture is to break the shackles of the sewing techniques of using needles and thread as the main joining method and thus, going into bonding techniques to join fabric panels, the Board of Investment said.
The agreement in this regard was signed recently by the Bondville management and the BOI officials. This new BOI project will create over 1,000 direct and indirect job opportunities during the first year.
Bondville is an innovative bonded apparel manufacturing company, led by dynamic and diverse professionals with years of experience. The utmost priority of the company is to provide innovative and high-quality solutions to customers in the evolving bonded apparel space. The company offers a range of high-quality finished and intermediary products such as period panties, bonded bras, raw cut panties, and sports bras along with fabric lamination. Moreover, the company is currently working with global apparel brands such as Victoria’s Secret, American Eagle, Oysho, Intimissimi, Panty Promise, PSD, Blanqui, Inactivators, and Hwameei.
“Bonded garments have evolved by abandoning the sewing techniques of using needles and thread as the main joining method. Over the last five years, brands in the global garment industry have started increasingly relying on bonding techniques to join fabric panels, create hems and incorporate features like pockets and patterns,” said Bondville Managing Director Pahan Vithanage.
“Bondville has heavily invested in its R&D and innovated this technology with great confidence as a full garment solution provider, capable of delivering the bulk of these bonded products in an externally short time limit. Our state-of-the-art bonding products have been proven in some of the latest designs by leading apparel brands for body wear, intimate apparel, and technical outerwear,” Vithanage underscored.
BOI Chairman Raja Edirisuriya said: “In the context of the technological advancement taking place at present, it is high time and imperative for local industries to embrace a cutting-edge strategy aligning with international benchmarks to avoid being isolated in the global business arena.”
“As such, Bondville’s new venture is a classic example of matching with the global benchmark, which will help Sri Lanka sustain its unblemished image in the global garment sphere in a more effective manner. Besides, the skill matrix of hi-tech apparel manufacturing solutions created with this project will help create a unique echo system in Sri Lanka which many global manufacturing destinations will find hard to match,” the Chairman added.
Meanwhile, BOI Director General Renuka M. Weerakone opined, “The purpose of the FDI attraction is not only earning dollars but uplifting human capital, which will enormously contribute toward technology skill and knowledge enhancement of Sri Lankan youth.”
“In addition, in order to create a competitive advantage, we need to develop certain technological verticals such as the Internet of Things, AI, data analytics, and cyber manufacturing. Thus, the category of apparel is a dynamic industry, which will bring Industry 4.0 to the next level. Thereby, I am sure that investment in this nature by Bondville, will bring much-needed technological advancement to the nation.”