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Tea Exporters Association charts course for resilience and revitalization

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Huzefa Akbarally

The Tea Exporters Association (TEA) hosted its 26th Annual General Meeting (AGM) at Taj Samudra, bringing together nearly 500 stakeholders, diplomats, and industry leaders to reflect on the progress of Sri Lanka’s tea industry and chart a bold path forward under the theme “Resilience & Revitalization.”

Delivering his address, Huzefa Akbarally, Chairman of TEA, reaffirmed the Association’s commitment to strengthening the global position of Ceylon Tea:

“In 2025, we project tea exports of 270 million kilograms and revenues exceeding USD 1.5 billion, an increase of nearly 10 % from last year. This growth is a testament to the resilience of our smallholder farmers, who produce 70% of Sri Lanka’s tea. Yet, smallholder yields have declined, and urgent investment is required in replantation and block-in-filling to secure their future. With the right support, Ceylon Tea can achieve the government’s target of 400 million kilograms and USD 2.5 billion in export revenue by 2030.”

Gracing the occasion as Chief Guest, K. V. Samantha Viddyarathna, Minister of Plantation and Community Infrastructure, stressed the importance of collective action:

“Ceylon Tea is not only a proud brand but also a lifeline for our economy. By 2030, our ambition is to reach record levels of production and exports. This requires strengthening the foundation of the industry by empowering smallholders, adopting new technologies, and building resilience. We count on the Tea Exporters Association to help us deliver on this vision for the nation.”

As Guest of Honour, Sunil Handunneththi, Minister of Industry and Entrepreneurship Development, highlighted the role of exporters in protecting Sri Lanka’s global reputation:

“The name ‘Ceylon Tea’ carries weight worldwide. To safeguard it, we must move beyond bulk exports and focus on branding, packaging, and value addition. Fertilizer supply and global competition are critical challenges, but through partnership between government and the private sector, I am confident the industry will achieve its highest returns yet.”

Delivering the Keynote Address, Dr. Martha Tesfaye Woldemichael, IMF Resident Representative for Sri Lanka, drew parallels between the tea industry and the country’s recovery:

“This AGM is not just a business gathering—it is a celebration of resilience. Like Sri Lanka itself, the tea industry has weathered crisis and is now on a path to revitalization. More than 90% of Sri Lanka’s tea production is exported, sustaining two million livelihoods. By embracing sustainability, competitiveness, and innovation, this industry can remain a cornerstone of the country’s economic renewal.”



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Indo-Sri Lanka Chambers forge alliance to drive infrastructure and real estate investment

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The exchange of the MoU between the two organisations

By Sanath Nanayakkare

In a major boost to bilateral economic ties, the Chamber of Construction Industry of Sri Lanka (CCISL) and the Indo–Sri Lanka Chamber of Commerce & Industry (ISCCI) have signed a strategic Memorandum of Understanding (MoU) to deepen cooperation in real estate, infrastructure, and urban development.

The agreement establishes a formal framework for both institutions to drive collaborative initiatives, including business delegations, high-level conferences, workshops, B2B matchmaking sessions, and technical site visits. Designed to bridge businesses, government institutions, and project stakeholders across the Palk Strait, the partnership aims to unlock new avenues for cross-border joint ventures and technology transfers.

A focal point of this newly minted partnership is the facilitation of an upcoming trade delegation from the National Real Estate Development Council (NAREDCO) of India. Comprising major Indian players in the real estate and infrastructure sectors, the visiting delegation will engage in targeted business meetings, workshops, and inspection tours of prominent construction projects in Sri Lanka.

Under the terms of the MoU, CCISL will serve as the principal host coordinator in Sri Lanka. In close consultation with ISCCI, the apex construction body will curate itineraries, identify viable projects for engagement, and facilitate high-level dialogues with key government agencies, regulatory bodies, and industry leaders.

With both nations prioritizing sustainable urban growth, modern construction technologies, and infrastructure expansion, industry leaders view the partnership as a timely catalyst for economic rejuvenation. The collaboration is anticipated to accelerate market access, knowledge exchange, and foreign direct investment into Sri Lanka’s burgeoning property and development sectors.

To ensure the success of the upcoming NAREDCO delegation, CCISL has issued an urgent appeal to statutory authorities and relevant project owners to come forward with viable investment proposals. Stakeholders holding projects seeking foreign investment or technical partnerships are invited to submit comprehensive details to the Secretary General and CEO of CCISL via email at secyces@gmail.com.

Both chambers emphasize that translating this foundational agreement into tangible partnerships and robust capital flows will significantly strengthen bilateral connectivity between the construction and real estate sectors of India and Sri Lanka.

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Hettich celebrates a decade in Sri Lanka with partner meet in Colombo

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Over the past decade, Hettich has strengthened its presence in Sri Lanka through its focus on German engineering, innovation, quality and functionality

Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years of presence in the country with its inaugural Partner Meet in Colombo.

The landmark event brought together Hettich’s key partners, stakeholders and industry leaders to celebrate a decade of growth, collaboration and shared success, while reaffirming the company’s long-term commitment to the Sri Lankan market.

Over the past decade, Hettich has strengthened its presence in Sri Lanka through its focus on German engineering, innovation, quality and functionality, contributing to the creation of contemporary and intelligently designed living and working spaces across the country.

The gala evening was graced by a distinguished delegation of senior leaders, including Dr. Andreas Hettich, Chairman, Hettich Group Advisory Board; S. K. Poddar, Chairman, Hettich India & Adventz Group; Mr. Akshay Poddar, Director, Hettich India; Andre Eckholt, Managing Director, Hettich India, SAARC, Middle East & Africa; Rahul Thakkar, Director – Sales, Hettich India & SAARC; and Dinusha Bhaskaran, Managing Director, Vallibel One PLC.

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GS Evo Motors launches all-new JMEV EWIND

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Priyantha Perera, Chief Executive Officer of GS Evo Motors (left), and Sunil Wettasinghe, Chairman of GS Evo Motors, introducing the latest JMEV Ewind Electric SUV to the local market

GS Evo Motors Limited, the authorized distributor of JMEV electric vehicles in Sri Lanka, has officially launched the JMEV EWIND, a next-generation compact electric SUV. The vehicle is designed to offer strong performance, intelligent technology, premium comfort, and high safety standards, marking another milestone in Sri Lanka’s growing electric mobility sector.

The EWIND features a sleek, aerodynamic exterior with penetrating LED daytime running lights, trapezoidal chain-inspired LED tail lamps, 19-inch alloy wheels, and a bold silhouette. Inside, it offers a spacious cabin with a panoramic moonroof and retractable curtain, an ultra-thin suspended instrument panel, a D-shaped multifunction steering wheel, multi-colour ambient lighting, premium finishes, and electrically adjustable front seats.

The SUV is available in single-motor front-wheel drive configurations, producing up to 108 kW and 210 Nm, with 0–100 km/h acceleration in 8.9 seconds.

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