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Harischandra Mills. Harischandra Mills PLC is a food processing company in Sri Lanka. Founded by C. A. Harischandra in 1943, Harischandra Mills was a pioneer in employee provident funds, establishing one in 1952, six years before the national Employees' Provident Fund. The company was incorporated in 1953 and listed on the Colombo Stock ...
History. In 1968 the government established the state-owned Thulhiriya Textile Mill, it was privatised to Bombay Dyne in 1980 and then Kabool Lanka until 2003. This was the largest textile mill in Sri Lanka. The mill was constructed in an area of 14 acres and under one roof. [1][2] In 2006 MAS Holdings established a fabric park in Thulhiriya ...
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Sri Lanka is the largest producer of coconut arrack in the world. 50 million liters in 2020. Distilleries major arrack production company in Sri Lanka. [10] Due to its concentrated sugar and yeast content, the captured liquid naturally and immediately ferments into a mildly alcoholic drink called "toddy", tuak, or occasionally "palm wine".
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]
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Agriculture in Sri Lanka. Aerial view of the Southern Province showing the land use patterns of the coastal belt. The primary form of agriculture in Sri Lanka is rice production. Rice is cultivated during Maha and Yala seasons. [1] Tea is cultivated in the central highlands and is a major source of foreign exchange.
Cocoa production was at 1,499 t (1,475 long tons; 1,652 short tons) from an area of 2,000 ha (4,900 acres), at a yield rate of 7,499 hg/ha (10,705 oz/acre). [3] In other lands shade crop such as Dadap are used. Out of two cocoa varieties, viz. Forastero and Criollo, the former is more widely grown although the quality of Criollo is better.
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