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Hence, a very small proportion of the farmland is solely devoted to livestock production. In Sri Lanka, livestock sector contributes around 1.2% of the national GDP. Livestock is spread throughout all regions of Sri Lanka with concentrations of certain farming systems in particular areas due to cultural, market and agro-climatic reasons.
It is one of the main sources of foreign exchange for Sri Lanka and accounts for 2% of GDP, generating roughly $700 million annually to the economy of Sri Lanka. It employs, directly or indirectly over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates. Sri Lanka is the world's fourth largest producer of tea.
A Sri Lankan company, Master Divers (Private) Limited, purchased 53.5% of the Company for Rs. 300 million. [4] In 2006 the company launched a new subsidiary, Pelwatte Dairy Industries (Pvt) Limited, investing Rs. 1.8 billion on a dairy processing plant and animal feed production factory in the Monaragala District. [5] [6]
The Red Sindhi is a dairy breed of zebuine cattle. It is believed to originate in western Sindh and in the Las Bela area of Balochistan , now in Pakistan. [ 2 ] : 281 [ 4 ] [ 5 ] It is widely kept in Pakistan, where in 2006 there were approximately 3 000 000 head; [ 3 ] there are small numbers in India and in Bangladesh .
Pintanna also managed to open Sri Lanka's first and only Oud Oil Factory [9] further developing awareness and population of the Gyrinops Walla species. Gyrinops walla has been assessed as vulnerable on the IUCN Red List, due to its harvesting for agarwood. The species does occur in one protected area of Sri Lanka: Sinharaja Forest Reserve. [1]
Ambewela Farm and New Zealand farm were acquired by Lanka Milk Foods in 2001. In 2020, the company planned to invest LKR3 billion in a new dairy farm in Ambewela to expand production. Lanka Milk Foods is one of the LMD 100 companies in Sri Lanka. Lakspray, a Lanka Milk Foods brand listed among the 100 most valuable brands in Sri Lanka in 2020.
Ritzbury originally started in 1991 as number four in Sri Lanka's chocolate market. By 2006 it had beaten Kandos (Ceylon Chocolates) to the number two spot, with a 21% market share [8] (although still behind, market leader, Edna Group's 42% share). In 2010 it had become Sri Lanka's number one chocolate producer, [14] with a 47.2% market share. [15]
Rice production or Paddy production is one of the main productions and staple foods in Sri Lanka. It cultivates in all districts of Sri Lanka during two monsoon seasons. It is estimated that about 708,000 ha (1,750,000 acres) of land uses for paddy. [1] The seasons are called Maha season and Yala season.