The Electrical and Electronics Industry in Sri Lanka has grown over the past 40 years into a key industrial manufacturing sector, contributing towards the country’s economic growth
Sri Lankan Electrical and Electronics industry is progressively stepping in to the global electronics value-added supply chain with products and services finding acceptance amongst the most important global market leaders. It had a boom in 1980’s with investments from Japan, Sweden, Switzerland, India, United Kingdom and Germany for mass scale component manufacturing.
The Electrical and Electronics Industry in Sri Lanka has grown over the past 40 years into a key industrial manufacturing sector, contributing towards the country’s economic growth. The Industry contributed US $318 million to Sri Lankan exports in 2016 and absorbs over 40,000 skilled workers in its multi-faceted activities. The workforce is drawn from a pool of skilled young men and women with basic academic and technical knowledge. The industry mainly caters for automobile, telecommunication, consumer electronics, industrial automation and many other verticals.
The top 10 exporting destinations are Switzerland, Maldives, United States, United Kingdom, Hong Kong, Japan, China, Bangladesh, India, and Germany.
The availability of highly trainable youth and skilled professionals in the form of design engineers, manufacturing engineers and managers contribute positively to this growing industry, and to the country's already established competitive advantage of being able to harness South Asia's most highly educated, literate and trained workforces. Thus, Sri Lanka has the potential for rapid development in the global electronics industry.
Due to the following factors, Sri Lanka is a suitable location to export electronics and electrical products.
At present, the country has become a center of excellence for electronics design and development and the industry move towards the emerging technologies as IoT, Robotics, Bio-medical, Analytics and to world known Research and Development.
The key players of the sector perform their operations within the country’s Export Processing Zones under the purview of the Board of Investment(BOI) of Sri Lanka. FDK, Okaya Denki, Lanka Hiqu and Kramski are located within the BOI EPZ Katunayake, Tos Lanka and Lanka Harness at Biyagama and Nippon Maruchi Lanka at Homagama. I.E. Techniques which is a pioneer in Electronics manufacturing as well as CCS Lanka and Variosystems operate from outside the Zone enjoying BOI status.
Sri Lanka's Electronics and Electrical industry revolves around the production of a range of electronic/electrical products, components and sub-assemblies targeted towards global export markets.
– Akila Dishan De Zoysa, Assistant Director, Sri Lanka Export Development Board