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He invested in equipment from international sources including from Germany that were known to have the best technology for manufacturing and produced high-quality nuts, bolts hinges and later PVC pipes, fittings and others. [12] [10] During the same period, Gnanam realised that there was a big shortage of textiles in Sri Lanka.
Tea production is one of the main sources of foreign exchange for Sri Lanka, and accounts for 2% of GDP, contributing over US$1.3 billion in 2021 to the economy of Sri Lanka. [1] It employs, directly or indirectly, over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates.
Dilmah Ceylon Tea Company PLC, trading as Dilmah, is a Sri Lankan beverage company that is headquartered in Peliyagoda, Western Province, Sri Lanka. While MJF Teas is the parent company of Dilmah, MJF Holdings is the ultimate parent. The company is best known for its brand of Ceylon tea, sold internationally.
Teejay Lanka PLC formerly known as Textured Jersey Lanka is a knitted fabric manufacturer in Sri Lanka [2] and is one of the constituents of the S&P Sri Lanka 20 Index of the Colombo Stock Exchange. The company is a supplier to the brands such as Nike , PVH , L Brands , Marks & Spencer , Decathlon , Lidl , and Calzedonia .
A new federal report shows that one drink per day is associated with negative health effects like liver cirrhosis and cancer, while a recent report from the surgeon general highlighted cancer ...
Ceylon tea has been described as not only a geographical descriptor but also a pillar of Sri Lankan culture, heritage, and identity. [1] The Sri Lanka Tea Board is the legal proprietor of the Lion Logo of Ceylon tea. In 2019, Sri Lanka was the fourth largest tea producer and the third largest tea exporter in the world. [2]
No. 2 South Carolina beat Texas A&M 90-49 on Thursday in a final tuneup before its biggest stretch of the season. The Gamecocks (15-1, 3-0 Southeastern) are playing thin after junior forward ...
Oil prices dipped as the decision from OPEC+ to delay a planned hike in output to April highlighted concerns about weak demand. Brent crude futures fell 0.5% to $71.71, while U.S. West Texas ...
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