Thread Works opens factory in Moratuwa
Chairman/CEO Gehan De Soysa, Director Operations COO, Ramani
Seresinhe and Nilakshi De Soysa of Thread Works at the factory.
Pic: Sumanachandra Ariyawansa
"I always had faith in the local market and have a passion to build
our own brand to hit the local and the international market", Chairman/
CEO Thread Works (Pvt) Ltd Gehan De Soysa said at the factory opening
ceremony at Lakshapathiya, Moratuwa last week.
The factory was opened with an investment exceeding Rs. 75 million.
Thread Works continue to be a manufacturer, retailer and a distributor,
providing employment opportunities to many Sri Lankans and expects to
generate more opportunities in the future.
It caters mainly to local needs while exporting (around 5 percent) to
international markets while Ghana, Australia and the Maldives being
their top buyers. Since its official acquisition of the renowned brand
Velona in 2008, Thread Works has continued to recreate Velona with a
modern outlook refreshing the minds of Sri Lankans of the decades-old
Velona brand together with its popular brands Body Fit, Top Gear,
Superknit, Arista and upcoming latest Velona cuddles.
The company is a leader in the apparel industry through its
diversified portfolio of products ranging from men's underwear, lady's
petty coats to children's wear and nappies. "We are a company with high
moral standards and take the best effort to fulfill our social
We are more interested in volume growth than in value growth", he
said. Currently the company produces half a million pieces per month and
hopes to increase production further. The success story behind Thread
Works is their ever continuing effort to provide quality garments at an
affordable price. In the months to come the company will launch its
newest product, a baby diaper which would revolutionise the Sri Lankan