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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]
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.
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 single largest investment in the 140-plus year history of Hayleys (and the largest acquisition of a public listed company at the time) was the 10.8 billion rupee controlling stake of Singer Sri Lanka in 2017, [32] followed by the buying over of the five-star Ceylon Continental Hotel in Colombo, Sri Lanka (now known as The Kingsbury) in 2010.
Sri Lanka Rubber Manufacturing Export Co. Ltd; ... Sri Lanka Insurance & Robinson Hotel Company Ltd; Sri Lanka-Libya Agricultural & Livestock Development Co. Ltd;
Bangkok, Thailand, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Kim Gloves Co., Ltd., a manufacturer of latex and nitrile gloves, has announced new advancements in its rubber glove offerings. The company provides reliable solutions designed to meet the diverse needs of its global clients, serving healthcare, industrial, and consumer sectors with a focus ...
Dipped Products is one of the five leading non-medical rubber glove manufacturers in the world.The company's market share of the global market accounts for 5%. [6] Upon declaration of the COVID-19 pandemic, the World Health Organization requested to increase the production of personal protective equipment (PPE) by 40% from the industry and the governments.
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 ]