Major Business in Sri Lanka
Textiles and Garments
Sri Lanka’s apparel export industry is the most significant and dynamic contributor for Sri Lanka’s economy. The garment industry occupies a pre-eminent position in Sri Lanka, producing high quality garments combined with an industry which is flexible and uniquely capable in servicing leading international brands such as Victoria’s Secret, Gap, Liz Claiborne, Next, Jones New York, Nike, Tommy Hilfiger, Pink, Triumph, Ann Taylor, Speedo, Abercrombie & Fitch, Land’s End, Marks & Spencer, Intimmissimi, etc.
Leading apparel industries in Sri Lanka:
Footwear and Leather Products
The footwear industry is potential to be a key contributor to Sri Lanka's economy, and already provides high end products to Mark & Spencer, Bata France, H.H. Browns, Clarks, Aerosoles and Nike. A diverse range of shoes including canvas and rubber boots, thongs, sports shoes, and leather shoes are produced, using a variety of raw materials. The footwear industry at present employs about 20,000 people directly and indirectly includes 10 large export companies, 30 medium scale companies and about 3000 small scale manufacturers. Apart from manufacturing processed leather, the leather products industry includes the manufacture of goods such as gloves, wallets, bags, purses etc.
Leading foot wear and leather companies:
Gems and Jewellery
Sri Lanka has made its mark in the international market and is known for quality gemstones and creating fine jewellery in a range of unique and exquisite designs. With this reputation, the Sri Lankan gems and jewellery industry is now geared to establish a world-class gems and jewellery hub.
Leading gems exporters and traders in Sri Lanka:
Ceramic and Porcelain
Sri Lankan porcelain upholds comparatively superior characteristics including a high level of whiteness, high translucency, high scratch resistance and high thermal shock. Sri Lanka exports a wide range of porcelain products such as tableware, glazed wall and floor tiles, and ornamental & utility ware including figurines, decorations, kitchen utensils, bathroom accessories and studio pottery.
Renowned porcelain and ceramic industries:
The pharmaceutical market is a fast growing industry in Sri Lanka and worth about Rs.50 Billion. Approximately 70% of that market share is held by the private sector while the remaining market share is held by public sector institutions.
Leading pharmaceutical companies in Sri Lanka:
Source: Sri Lanka Export Development Board, Board of Investment of Sri Lanka (BOI), Sunday Leader August 11, 2013