The world largest apparel purchasing trade show
"MAGIC" has decided to open a Sri Lankan
exhibition area at their next trade show next
February in Las Vegas. This is the first time
in 70-year history of MAGIC that 15 booths have
been reserved for Sri Lanka.
Hiran Jayasinghe, now based in USA, has been
appointed as MAGIC's exclusive representative
for Sri Lanka. Jayasinghe, who is now in Sri
Lanka for a brief period, said that this exhibition
would be the ideal venue for Sri Lankan businessmen
involved in the garment industry to meet up
with genuine buyers.
"The four day event will be attended by
over 85,000 buyers and 3,000 exhibitors from
110 countries. You meet only real buyers at
MAGIC."
He said that with the garment quota system being
taken off in 2004, Sri Lanka will find it very
hard to survive unless steady direct buyers are
found.
Jayasinghe said that since decision makers in
the garment trade are meeting this would be an
ideal opportunity for local entrepreneurs to tie
up with new partners.
"MAGIC exhibitions over
the past three decades have shown that 93% of
US buyers are looking out for new overseas suppliers."
An old boy of St. Thomas College,
Jayasinghe started his own IT company in Beverly
Hills, California in the early 1990's. He was
the Founder, President and the only Sri Lankan
at the Junior Chamber of Commerce in Beverly
Hills. Today he is the Chairman of this prestigious
organization. He was also advisor for Michael
Jackson Productions, Penthouse Publications
and aerospace and entertainment companies in
USA. In 1999, he set up his branch office under
the name SUMMIT Corporation (Pvt.) Ltd., in
Sri Lanka.