Tue. Oct 20th, 2020

Saturday, October 17, 2020 – 01:00

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Finance

Jayanthi Cooray

Chairman Handling Director, Sampath Sofa, Sampath Fonseka.Sampath Sofa Production Service Dibbadda Panandura will invest over Rs. 40 million to build a modern-day cushion latex type factory.Chairman Handling Director, Sampath Sofa, Sampath Fonseka mentioned that with the majority of the latex kind is imported and in some circumstances the quality is doubtful.” Due to this Sofas tend to diminish.” He stated that manufacturing latex kind in your location would likewise lead to saving big forex to the country and the price of Sofas in the local market too would simplify making the item affordable even to a low revenues family.He stated that he has actually already gotten land for this task and he remains in the treatment of importing machinery.

” The latex type factory will likewise increase my worth addition to practically 80 %. “Fonseka mentioned that once the factory is running from next February he also intends to open his own show space in Colombo and would magnify his exports to Australia and the Gulf when the corona pandemic settles. “For the very first time in Sri Lanka I will likewise present the ‘sofa trading concept’ from mid next year.” He likewise said that they will likewise have a mobile sofa fixing system to address little Sofa repairs given that homes find it tough to transfer sofas.Asked if he has plans

to move in to material production he resolved in the negative.He stated that though some’orders’ for hotels were short-lived halted due to the covid pandemic

, there is increase demand from home market.” This is since we establish couches according to the diverse designed requirement of architects.Recalling his path to success, Sampath Sofa began with stitching cushion covers and offering them to Arpico Super a years ago advertisement extremely low margins.” I soon mastered the strategy and started creating couches and getting them crafted by carpenters in Moratuwa. Due to my personal guidance these sofas were well accepted in the market and then I started my own carpentry house in Dibbadda Panandura and rebranded the products as Sampath Couch.” Sampath Couch with nearly 200 workers today is the greatest provider of Sofas accounting to nearly 80% of Sofas sold in all leading furniture Outlet store in Sri Lanka. He has really also won numerous awards for his craftsmanship.He was similarly supplied the Gold award in the Wood and Wood based Products classification at the Industrial Advancement Board of Ceylon( IDB )organized yearly awards ceremony for the SME sector recently.Sampath Couch, was likewise identified for populating the greatest space and for reaching a leading sales performance at the Build Sri Lanka Real Estate Building Exposition 2020, held at the BMICH and organised by the Chamber of Construction Industry of Sri Lanka recently.< img alt="" src =" http://www.dailynews.lk/sites/default/files/u264/pg14-2_3.jpg "/ > Go to Kapruka.com

Sri Lanka’s Largest online store. Over 125,000 unique categories such as Fresh Flowers, Cakes, Food, Jewllery, Childrens Toys and other Sri Lankan e-commerce classifications. Low delivery expense to a lot of cities here and absolutely free delivery in Colombo.Loading … Source

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