Colombo Trade and Industry is based on the services and industrial sectors of the economy. The tertiary or services sector of the economy contributes 56.6% of the total Sinhalese GDP (gross domestic product), followed by the industrial or secondary sector with 27%. Agriculture accounts for 16.4% of the the total Sinhalese GDP. Tea, rubber, coir, and spices are the main agriculture based Colombo industries. Textile manufacturing, oil refining, and cement are the major secondary industries in Colombo. Telecommunications, insurance and tourism are the important services sector industries.
Colombo Agricultural trade and industries
Among the agricultural items, Sinhalese tea is renowned for their flavor and liquor. Some of the renowned tea producing industries and traders in Colombo are:
- Akbar Brothers Limited in 334, T.B. Jaya Mawatha, Colombo 10
- Brooklyn Tea Services (P) Limited in 90, Union Place, Colombo 2
- Sri Lanka Libya Agricultural & Livestock Development Co. Ltd. in Lanjib Building, 46/56, Nawam Mawatha, Colombo 2
- Ceylon Tea Company in 74-3/1, Dawson Street, Colombo 2.
Sri Lankan rubber products are acclaimed globally as
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amongst the best. Tyres, tubes, gloves, shoes and shoe soles, hot water bags, automobile parts, industrial components, mattresses, and jar seals are some of the rubber products manufactured in Colombo. A few of these rubber industries and traders include:
- Dipped Products Limited (DPL) is an internationally recognized rubber glove manufacturer located in 400 Deans Road, Colombo 10
- Wellassa Rubber Company
Colombo Manufacturing and Services Industries
Telecommunications, textiles, oil refineries, and insurance are the main segments making up the secondary and tertiary Colombo industries. Few of the noted companies in these sectors are:
- Kuruwita Textile Mills Limited is a principal cotton woven fabric producer located in 9, Galle Road, Colombo.
- NTT Com Asia Network Systems Company Limited, a premier private telephone service operator functions from Lotus Road, Colombo 1.
- Union Assurance Limited is a leading insurance service provider having its office in 20 Saint Michael's Road, Colombo
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