December 5, 2024
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4min8
The Local Assembly Industry, under the Standard Operating Procedure (SOP) of the Ministry of Industries, comprises more than 17 assemblies producing motorcars, SUVs, motorcycles, electric three-wheelers, light trucks, and heavy trucks. These assemblies are supported by local component manufacturers who produce a range of parts such as batteries, tyres, bumpers, exhaust systems, seats, plastic parts, […]

November 21, 2024
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7min2
Tata Xenon Yodha single cab pick-up trucks assembled by DIMO will ride on purpose-developed CEAT light truck radial tyres manufactured in Sri Lanka, in a coming together of two performance-driven automotive brands via a significant original equipment (OE) partnership.  With this synergy, CEAT Kelani Holdings has manufactured a new radial tyre for the locally assembled […]

May 10, 2024
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5min9
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 […]

February 22, 2023

2min0
      Tata Tele Business Services has retained MTI Consulting for the second phase of their business strategy. “MTI Consulting has effectively concluded the first phase of our strategizing process based on MTI’s 8S ® model, working collaboratively with our management team. Now, in order to effectively execute the strategic initiatives arising from the […]

May 19, 2022
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5min0
        DIMO, a leading diversified conglomerate in Sri Lanka, together with Allianz, one of the largest insurance and financial service providers in the world, recently introduced a state-of-the-art motor insurance & claim settlement scheme designed exclusively for DIMO’s TATA customers. The partnership is focused on assisting the customers to reduce costs incurred […]


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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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