Monday Jan 19, 2026
Monday Jan 19, 2026
Monday, 19 January 2026 03:51 - - {{hitsCtrl.values.hits}}
Magi Enterprises Lanka Ltd., is shaping the future of Sri Lanka’s garment industry with a landmark investment and a bold vision for growth, marking its 10th anniversary with a major modernisation initiative and the laying of the foundation stone for a new factory complex.
With the objective of strengthening the local economy and enhancing industrial capacity, the company is investing over AUD 12 million (around Rs. 2.4 billion) in advanced technology and infrastructure. This modernisation project aims to elevate operational efficiency through state-of-the-art manufacturing systems while reinforcing Sri Lanka’s position as a competitive global apparel hub.
Originally established in 1993, Magi Enterprises Lanka began contributing to the local garment sector in 2016 under the ownership of the world-renowned Australian fashion brand KOOKAI. Since then, the company has played a significant role in employment generation, skills development, and sustainable industrial growth.
Addressing the gathering at the ceremony, Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe, stated that investments of this nature provide vital support to local industries and contribute positively to national economic growth. He further noted that the government highly appreciates such private-sector initiatives that align with its economic development policies.
Currently employing over 1,000 employees, the modernisation of Magi Enterprises Lanka aims to expand its workforce to 3,000 employees in the near future.
Magi Enterprises Lanka Ltd., CEO Jeevaka Raddalgoda, said: “I am extremely proud of the journey of this institution. We provide some of the best facilities and the highest salaries in the Seethawaka Pradeshiya Sabha area. Our employees are treated as members of our extended family, from providing school supplies for their children to covering hospital expenses for their families for an entire year. Our vision extends beyond business; it is about sustainable local economic development.”
KOOKAI Managing Director Robert Cromb, commended the organisation’s values, stating: “I sincerely thank everyone who has contributed to building an institutional culture rooted in human values. I firmly believe Sri Lanka’s economic progress should be driven by its strong cultural identity and human qualities. The management and the dedicated workforce of this institution truly deserve this recognition.”
Australian High Commissioner to Sri Lanka, Matthew Duckworth, highlighted the significance of the investment, noting that Magi Enterprises Lanka is the largest Australian-owned manufacturing operation in Sri Lanka. He emphasised that such partnerships reflect the evolving global economic model and expressed pride in the institution’s contribution under the Australian flag.
At a time when the garment industry plays a critical role in supporting Sri Lanka’s economy, this initiative by Magi Enterprises Lanka Ltd. stands as a benchmark for the sector. The company also called upon the country’s youth to join hands with Magi Lanka in shaping a progressive, inclusive, and sustainable industrial future.
