20. September 2024
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Anglostratits
June 10, 2024
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Business & Economy

IDB and MOI Organize National Vehicle Parade with all Domestically Value-Added Vehicles

4min
Monday, 10th June 2024, COLOMBO; A vehicle parade of locally manufactured and assembled vehicles organized by the Industrial Development Board (IDB) along with the Ministry of Industries (MOI), Sri Lanka Automobile Component Manufacturers Association (SLACMA) and Automobile Assemblers Association will be held for the third time, through Galle Face, Lotus Roundabout , Fort, Technical Junction, […]
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May 10, 2024
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AutomobileBusiness & Economy

World renowned automobile brands being assembled in Sri Lanka under Ministry of Industries SOP

5min
Sri Lanka Government promoting local assembly with private sector investment  Thursday, 9th of May, 2024, COLOMBO; Sri Lanka’s automobile assembly is experiencing significant growth and development with the involvement of world-renowned brands including Hyundai, Proton, BAIC, DFSK, Wuling, Mahindra, TATA, Bajaj, TVS, JMC and Lanka Ashok Leyland emphasizing the favourable environment for investment. The approval […]
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January 10, 2022
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AutomobileBusiness & Economy

Ministry of Industries appoints Advisory Council for Automobile Assembling and Automobile Components Manufacturing Industries in Sri Lanka

4min
    Minister of Industries, Wimal Weerawansha recently appointed the chairman and members of the Advisory Council of the Automobile Assembling and Automobile Components Manufacturing Industries in Sri Lanka. The appointments were made as part of the programme to focus greater attention on the twenty industries coming under the purview of the Ministry. The council […]
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February 17, 2021
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Business & EconomyGlobal Business

Standard Operating Procedure for Local Assembly of Vehicles and Component Manufacturing to be Launched

5min
Will encourage world renowned brands to locally assemble vehicles and manufacture components The Ministry of Industries spearheaded by Hon. Wimal Weerawansa is soon to launch the Standard Operating Procedure (SOP) for Local Assembly of Vehicles and Automotive Component Manufacturing to encourage world renowned brands to locally assemble vehicles. Dimantha Jayawardena, President of the Sri Lanka […]
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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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