Sri Lanka’s Dankotuwa Porcelain Plc has secured an agent (Pole Star Ventures Ltd) in the Maharashtra and Goa areas of India with its products reaching out to Mumbai and other western areas of India as well as expanding its focus in Asia.
The company also continued its winning streak of export awards by winning a Gold Award at the National Chamber of Exporters (NCE) Awards ceremony held recently. “Although facing severe competition from many overseas producers in Bangladesh, Indonesia and China, Dankotuwa has always responded quickly to changing market demands and has won back the markets.
With the more recent and more severe downturn in the traditional markets of Europe and USA and the turnaround in those markets taking time, the company is now focusing on the Asian region and has been making steady inroads into India,” according to a company statement.
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The agreement being signed |
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