Delmege ventures into Vietnam
Delmege Forsyth and Company will set up a coir
product manufacturing factory in Vietnam. Group Director Delmege
Shamil Mendis said the main attraction for them to branch off to
Vietnam was the raw material potential in Vietnam. "They are not
only available in abundance but are also cheaper there and the
labour market in Vietnam too is encouraging," he said.
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Dipped Products turnover tops Rs. 8 billion in first 9 months
Dipped Products PLC, the Hayleys Group's leading
global rubber glove manufacturer has reported a turnover of nearly
Rs. 8 billion for the first nine months of 2007-08, following an
increase in export volumes in its local hand protection businesses.
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Aditya Birla Group plans massive investment in Koggala
One of India's largest conglomerates, the Aditya
Birla Group, is planning a massive investment in southern Sri Lanka.
This is as a result of a meeting the Minister of Enterprise
Development and Investment Promotion, Dr Sarath Amunugama held in
New Delhi with two senior officials of the Birla Group, Global
Business Head of Birla Carbon Rakesh Jain and the Group's Chief
Economist Dr Ajit Ranade.
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