2023-03-21
While Sri Lanka may be struggling to keep the nation’s lights burning, our involvement in the export of Power Generation and Distribution components has not dimmed. Local companies are involved in the development and production of a range of products and services to meet the power needs of international clients. In addition, there are several other sectors that fall under the purview of supporting the Power Industry such as the production of cables, switches, and cooling systems.
2023-03-16
In 2022, the electronic and electrical industry achieved a record-breaking earning of USD 450 Mn+. Such performance following a global pandemic is glaring evidence of the resilience of the industry’s export sector.
2023-03-08
The automotive market has only expanded during the course of history, except for the great recession in 2008. In fact, the global automotive industry's projected market growth of USD 3800 billion between 2025 and 2030 by Fortune Business Insights justifies the continuous market growth. Half of the market share is of the EV (electrical vehicle) industry, projected to be USD 1507.21 billion by 2028 at a CAGR of 27.2% between 2020-2028.
