{"id":579,"date":"2025-01-03T08:51:01","date_gmt":"2025-01-03T08:51:01","guid":{"rendered":"https:\/\/stardv.local\/star\/2025\/01\/03\/advanced-consultancy-management-copy\/"},"modified":"2025-03-10T19:17:37","modified_gmt":"2025-03-10T19:17:37","slug":"virtual-product-development","status":"publish","type":"post","link":"https:\/\/cd.komartechnologyservices.com\/star\/2025\/01\/03\/virtual-product-development\/","title":{"rendered":"Star expands Sri Lankan operations with acquisition of Kolonna Manufacturing…"},"content":{"rendered":"\t\t
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Star expands Sri Lankan operations with
acquisition of Kolonna Manufacturing<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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In June 2024, Star expanded its footprint with the acquisition of Kolonna Manufacturing Limited\u2014now its 12th facility in Sri Lanka. Located in the Ratnapura district, this new site will create over 1,000 job opportunities for the local community, reinforcing Star\u2019s commitment to the region\u2019s growth.<\/p>\n\n

This strategic move highlights Star\u2019s ongoing dedication to bolstering Sri Lanka\u2019s apparel industry and supporting global manufacturers looking to diversify risks. According to Charlie Komar, President and CEO of Star\u2019s parent company, Komar “This investment underscores our long-term commitment to Sri Lanka, a market we believe still holds untapped potential in apparel manufacturing.”<\/p>\n\n

Star\u2019s 70,000 sq. ft Innovation Centre, the first Passive House design in Southeast Asia, was recognised with the 2020 Merit Award for Sustainability at the AIA New York\u2019s annual Design Awards. Alongside its CarbonNeutral\u00ae certification, Star proudly leads as the largest carbon-neutral company in Sri Lanka\u2014the only apparel sector business with all facilities internationally certified as carbon-neutral.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\u201cThe acquisition of Kolonna Manufacturing reflects our firm belief in Sri Lanka\u2019s potential, even amidst the country\u2019s economic challenges\u201d -A. Sukumaran, Managing Director<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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A. Sukumaran, Managing Director of Star Garments Group, shared, \u201cAs we explore growth opportunities beyond Sri Lanka, we remain confident in the future of the apparel industry here. The acquisition of Kolonna Manufacturing reflects our firm belief in Sri Lanka\u2019s potential, even amidst the country\u2019s economic challenges. We are optimistic about the future of Sri Lanka\u2019s apparel sector.\u201d<\/p>\n\n

This acquisition plays a crucial role in Star\u2019s strategy to solidify and strengthen its manufacturing base and offerings in Sri Lanka, enhancing its portfolio with strategic acquisitions. It also underscores Star\u2019s process-driven approach to innovation, continually developing sustainable, forward-thinking solutions that drive growth and evolution in both the Sri Lankan and global apparel industries.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Latin professor at Hampden-Sydney College in Virginia, looked up one<\/p>\n","protected":false},"author":3,"featured_media":7047,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,5,7],"tags":[],"class_list":["post-579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank","category-business","category-consultancy","category-money"],"_links":{"self":[{"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/posts\/579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/comments?post=579"}],"version-history":[{"count":120,"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/posts\/579\/revisions"}],"predecessor-version":[{"id":7697,"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/posts\/579\/revisions\/7697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/media\/7047"}],"wp:attachment":[{"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/media?parent=579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/categories?post=579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cd.komartechnologyservices.com\/star\/wp-json\/wp\/v2\/tags?post=579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}