March 26, 2025
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4min16
With the aim of assesing the current challenges faced by local industrialists and explore avenues for government support, Minister of Industry and Entrepreneurship Development Hon. Sunil Handunneththi visited City Cycle Industries Manufacturing (Pvt.) Ltd., widely known as Lumala, on Monday, March 24 at its factory in Panadura.     During the visit, Minister Handunneththi engaged […]

February 26, 2025
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5min24
City Cycle Industries Manufacturing (Pvt) Ltd, a leading provider of sustainable mobility solutions and renowned for its household brand Lumala, has been honored with the Best National Industry Brand award under the Large-Scale Other Industry Sector at the recent National Industry Brand Excellence Awards 2024.     Organized by the Sri Lanka Technical Development Board […]

January 20, 2025
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5min35
Employees of Lumala City Cycle Industries Manufacturing Pvt Ltd are calling for urgent government intervention as their company faces an unprecedented crisis that threatens to shut down one of South Asia’s leading bicycle manufacturers. Located at Panadura, Lumala has played a pivotal role in Sri Lanka’s industrial sector for over five decades, yet escalating costs […]

July 8, 2024
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4min21
In its pursuit to enhance environmental health and to inspire an active lifestyle throughout the Sri Lankan community, City Cycle Industries Manufacturing (Pvt.) Ltd., also known as Lumala, recently participated at the International Industry Expo 2024, organized by the Ministry of Industries (MOI) and the Industrial Development Board (IDB).     One of the most […]

February 19, 2024
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3min11
In a sustained commitment spanning over three decades, City Cycle Industries Manufacturing (Pvt.) Ltd., better known as Lumala, has consistently led the eco-friendly innovation charge in Sri Lanka’s bicycle industry. Lumala’s dedication to sustainability is evident across its wide range of products, which includes everything from robust mountain bikes for adventure seekers to efficient city […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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