Industrial sector contribution is 30% in gross terms.
Industrial sector is categorized into four sub sectors:
Mining and quarrying
Manufacturing
Electricity, Gas and water
Constructions
More than 50% of industrial sector in Sri Lanka includes production industries. By following international standardization of production industries the industries which are in head can be list out in this way:
Textiles, garments and leather products
Food and drinks production
Plastic, chemicals, crude oil and rubber products
Non metallic and processed metal products
Within overall performance in industrial sector during different time periods different
industrial policies were used and are used to develop industrial sector:
Encourage import substitution industries
Export oriented industries
Improve small and medium scale industries
Steps taken by government towards Industrial sector development
Broaden the ways of entering into global market
Provide public financial assistance to the private sector for the usage of advanced technology
Establish local industrialization programmes which evolved from private and public sector goal orientation
Objectives of 2006-2016 ten year Industrial development plan in Sri Lanka
Establish competitive firms to achieve a higher productivity in Sri Lanka
Establish local industries based on new findings at national level
Promote micro industries started at very small scale
Development of infrastructure by government to improve competitiveness among firms
Based on territory promote industrial clusters and industrial exports
Within foreign policy promote direct investments with cooperating among all countries
