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Article: Sri Lanka: Sri Lanka tableware exporter eyes Indian market.
- Article from:
- TendersInfo
- Article date:
- December 25, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Sri Lankan tableware exporter Dankotuwa Porcelain said it intends to make a big marketing effort to penetrate India as an over-valued rupee and slowing demand affects its traditional Western markets. The company has reported a loss in the January - October 2008 period as its competitiveness was affected by high energy costs and an over-valued domestic currency. But it made a small profit in the September quarter.
Dankotuwa Porcelain managing director Sunil Wijesinha said the company was now working out a strategy under which India will become a more important market.
The Indian market still offered good prospects despite the ...