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Rubber is exported as smoked sheet, sole crepe, latex crepe and Technically Specified Rubber (TSR). In 2007 18,100,000 kg (39,900,000 lb) sheets were exported. Rubber contributing over US$ 890 million in 2019 to the economy of Sri Lanka. [8] Sri Lanka government aims to growth rubber industry US$ 2 billion by 2025. [9]
DSI is the leading footwear manufacturer in Sri Lanka, having established the first shoe manufacturing plant on the Island in 1962. Its subsidiaries in this area include; D Samson Industries (Pvt) Ltd; Samson Manufacturers (Pvt) Ltd
The company also manages rubber and tea plantations. [2] The company was incorporated in 1976 and listed on the Colombo Stock Exchange in 1983. The company is one of the components of the S&P Sri Lanka 20 Index. [3] Sri Lankan conglomerate, Hayleys is the effective controlling shareholder of Dipped Products.
Hayleys accounts for approximately 5% of Sri Lanka's export income, and 4.6% of the country's tea and 4.1% of its rubber production. [3] With over 36,000 employees, Hayley was also the first listed entity in the country to surpass annual revenue of US$1 billion in Fiscal Year 2017/18. [ 4 ]
Inoue Rubber [41] Japan: 1926 IRC Tires Kelani Tyres Sri Lanka: 1990 CEAT [42] Kenda Rubber [43] Taiwan: 1962 Kenda, Kenda radial Kumho Tires [44] [45] South Korea: 1960 Admiral, Marshal, Kumho, Zetum, Trailfinder [46] Madras Rubber Factory [47] India: 1946 MRF Tyres: Michelin Group [48] France: 1889
Richard Piries Company is the market leader and the pioneer in the tyre Retread industry of Sri Lanka and commands a market share of nearly 60%. In addition to that, it has become the largest Retreader in the whole of South Asia which is a remarkable achievement for a Sri Lankan company.
Sri Lanka Rubber Manufacturing Export Co. Ltd; ... Sri Lanka Insurance & Robinson Hotel Company Ltd; Sri Lanka-Libya Agricultural & Livestock Development Co. Ltd;
George Steuart Group of Companies (George Steuarts) is Sri Lanka's oldest mercantile establishment, having been established in 1835 during British occupation of Ceylon.It is the oldest surviving mercantile firm in the country, with a recorded history dating back to the early 19th century, and is the first on the register of companies in Sri Lanka [1] [2]