The forum launched its first event with ‘De-risking Sri Lankan Apparel”, an in-person workshop on 18 August, 2022, at Cinnamon Lakeside Colombo.
The event brought together over 50 high-ranking Apparel Industry Leaders from Sri Lanka, together with US and UK brands to address the new triple threat of domestic economic turmoil, global supply chain disruptions and new ESG regulations.
The objective was to help reduce the risk profile of Sri Lanka’s Apparel Sector through innovation, collaboration, and ingenuity. Participants included renowned Sri Lankan industry leaders, UK and US Fashion brands as well technology providers.
The event is the first public initiative by Kavida in Sri Lanka, despite investigating the resilience problem in SL for over 2 years.
The company has raised over $1m in funding from investors such as Qima, a global leader in supply chain quality assurance, and will be allocating a large part of that capital into Sri Lanka.
Commenting on the event, Anam Rahman CEO & Co-founder, Kavida “Last year, we built strong working relationships with 31 apparel manufacturers and have spoken to over 500 merchandisers in the country.
It was clear the new operating environment requires new solutions.
We are therefore delighted to announce our investment of over USD 500,000 over the next 18 months to support the Sri Lankan apparel resilience through forums and leverage our capabilities in AI.”
The event was joined by JAAF (Joint Apparel Association Forum) who will play an active role in defining the focus areas of the forum to ensure alignment on strategic goals.
Sharad Amalean stated "The Resilient Sri Lanka forum is exactly what the country needs.
We are delighted to be playing a role and supporting the resilience of our major industries"
"AmCham Sri Lanka is thrilled to partner with Kavida on this initiative.
We believe that Sri Lanka has a great opportunity from the estimated USD 150 billion, in trade shifting across the region due to supply chain concerns, and connecting our member companies to and through these opportunities via the Resilient Sri Lanka Forum is a brilliant way to be proactive in this" commented, Vrai Raymond, General Manager & Head of Chamber, AMCHAM
Photo Captions
Image 1 (L-R) :
Jeevith Senaratne, Director Operations - Star Garment Group; Shanaka Rabel, Group Chief Digital and Transformation Officer - Stretchline Holdings Ltd; Janaka Botejue, Chairman – Bernard Botejue Industries; Sanjeewa Kodikara, Chief Information Officer- Hirdaramani Group
Image 2 (L-R):
Resilient Sri Lanka facilitated by AMCHAM – “De-risking Sri Lankan Apparel”
Image 3:
Aran Fernando, Head of Country for Sri Lanka - Kavida
Image 4 (L-R):
Kavida team
Thinuri Attanayake, Product Intern; Rizvi Zhaeed, Advisor; Aran Fernando, Head of Country for Sri Lanka; Anam Rahman, Co-Founder and CEO; Sumit Sinha, Co-founder and CTO; Crystal Kuthoor, Lead Analyst - Kavida
