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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 employing over 100,000 people globally (Sri Lanka - 90,040 in 2021/22). The company has design and development hubs in New York, London, Hong Kong and Colombo. [7]
Brandix Apparel Limited is an apparel manufacturer headquartered in Sri Lanka. [7] [8] The company has branches in the United States of America, United Kingdom, Australia, Singapore, Hong Kong, India, Bangladesh, Cambodia, Mauritius, and the Cayman Islands. It is the single largest employer in Sri Lanka's export sector and the highest foreign ...
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 .
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
The United States is the main importer of textile goods from Sri Lanka, accounting for 76% of total exports from Sri Lanka. As of 2009, Sri Lanka ranked 12th among apparel exporters to the United States in terms of value. [15] Sri Lanka's partnership was advanced in 2000 in part by setting up logistics centres at key US ports to smooth the ...
According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
LMD 100 ranks listed companies in Sri Lanka by revenue annually. [10] Amari Wijewardene is the company's chairperson and a member of the Wijewardene family . Wijewardene's appointment as the Sri Lankan High Commissioner to the United Kingdom in 2016 by her cousin, then prime minister Ranil Wickremesinghe was criticised as nepotism. [ 11 ]
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
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