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WGC boss calls on Sri Lankan industry to modernise > Gold News > World Gold Council, gold information and resources for the media

 

WGC boss calls on Sri Lankan industry to modernise

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Tuesday, 24th February 2004 (8840 views)

World Gold Council deputy president K Sivaram has urged Sri Lankan gold and jewellery industrialists to adopt modern technology.<BR/><BR/>Mr Sivaram, addressing a special seminar “Jewellery casting - Your future”, said that Sri Lankan gem and jewellery industrialists must improve their technology if they are to compete on the world stage.<BR/><BR/>He suggested that the Sri Lankan gold and jewellery industry needed a push to adopt successful new techniques, such as casting, comparing Sri Lanka to India, where casting was introduced a few years ago.<BR/><BR/>'Sri Lanka has a strong resource base and if the right kind of technology is used it will become a main jewellery supplying country in the world,' Mr Sivaram said.<BR/><BR/>Speaking at the event, organised by Colombo Machinery and Equipment with Hoben in association with the World Gold Council, the gold executive explained that the South Asian region was in a prime position to adopt modern technology and pointed out that the region has a rich cultural heritage associated with jewellery.<BR/><BR/>Mr Sivaram added that Hoben had set up a casting unit together with their local partners Colombo Machinery and Equipment so that the small players in the Sri Lankan industry can make use of it in manufacturing their jewellery.<BR/><BR/>Mr Sivaram also held discussions with representatives of EDB and Gem and Jewellery Authority.

 

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