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Over the last few decades, the apparel industry grew to represent Sri Lanka's number one export. Following a 38% increase in textile-based revenue from 1996 to 1997, in which the industry generated $2.18 billion in earnings, 50 new textile factories opened in Sri Lanka in 1998. [ 10] As of 1998, the Sri Lanka apparel industry employed about ...
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
MAS Holdings. MAS Holdings is a Sri Lankan apparel manufacturer. [ 3][ 4][ 5] The company was founded in 1987 by Mahesh, Sharad and Ajay Amalean. [ 6] MAS Holdings began as an underwear manufacturer and later diversified into sportswear, performance wear and swimwear. [ 7][ 8] MAS Holdings has 53 manufacturing facilities in 17 countries ...
John Keells Holdings PLC (JKH) is one of the largest conglomerate companies in Sri Lanka.From managing hotels and resorts in Sri Lanka and the Maldives to providing port, marine fuel and logistics services to IT solutions, manufacturing of food and beverages to running a chain of supermarkets, tea broking to stock broking, life insurance and banking to real estate, the Group of companies has ...
Sri Lanka is the world's fourth-largest producer of tea. In 1995, it was the world's leading exporter of tea (rather than producer), with 23% of the total world export, and Sri Lanka ranked second on tea export earnings in 2020 [ 2] after China. The highest production of 340 million kg was recorded in 2013, while the production in 2014 was ...
Sri Lanka Railway Authority. Sri Lanka Rubber Manufacturing Export Co. Ltd. Sri Lanka Rupavahini Corporation. Sri Lanka State Plantations Corporation. Sri Lanka Transport Board. State Development & Construction Corporation. State Engineering Corporation of Sri Lanka. State Mortgage & Investment Bank. State Pharmaceuticals Corporation of Sri Lanka.
Tourism is a key industry that attracts international tourists yearly. Foreigners visit Sri Lanka to see nature, wildlife, historical monuments, and indigenous culture. In 2018, tourist arrivals peaked at 2.5 million, who spent a total of US$5.6 billion in the country. However, the COVID-19 pandemic caused tourist numbers to decrease by 92% in ...
Ceylon Biscuits Limited. Dehiwala, Dehiwala-Mount Lavinia, Sri Lanka. Ceylon Biscuits Limited (branded CBL, commonly called Munchee) is a Sri Lankan food manufacturer, the maker of Munchee biscuits and one of the oldest biscuit makers in Sri Lanka. The company owns 60% of the domestic market share in Sri Lanka. [ 2][ 3]