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Sri Lanka packaging industry in fresh surge with e-commerce

Sri Lankan Packaging industry is set to reap bigger gains riding on the surges in e-commerce as well as Indian and Asia-Pacific markets.

For the first time, Sri Lanka SMEs are receiving government’s direct support for their packaging efforts.

In a major push towards this end , Colombo’s 38th international industry expo on packaging, paper and printing exhibition was held with the largest local and international industry supplier turnout in recent times.

“Asia-Pacific has become the leading market in the global retail e-commerce packaging. This opens new opportunities for Sri Lanka’s packaging sector- especially our packaging industries who are looking to enter international markets.

Minister of Industry and Commerce, Rishad Bathiudeen addressing the launch event of 38th anniversary of the Lankapak exhibition series at BMICHsatd that his Ministry with the Sri Lanka Institute of Packaging has introduced service programmes for SME’s at regional level for the first time

He said"This is to strengthen SME value chains. As a result our SMEs have entered the packaging sector. 40 SME industries in the North and East have already been trained under the Packaging Technology Improvement Program in the first stage.”

High Commissioner of India to Sri Lanka Taranjit Singh Sandhu addressing the event stressed of the resilience of Sri Lankan economy. Ha expressed the belief that together the two countries can achieve more.

He added that Some believe interdependency is a sign of weakness -but it is undoubtedly a sign of strength.

(LI)

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