Electrical & Electronics

1,000+ Engineering Graduates annually

Strong export growth
(US$ 0.5 Bn)

US $ 1 bn export target by 2025

40K+ Sector Specific Talent Pool

100+ Sector players in Design & Manufacturing

ROHS/ISO compliant manufacturers

With the South Asian region becoming a hot spot for electrical and electronic manufacturing,  Sri Lanka aims to leverage its access to key regional markets and Trade Blocs as an emerging manufacturing destination.

With this sector experiencing rapid growth globally, a young and tech savvy workforce with specialized training complemented by strategic air and shipping connectivity makes Sri Lanka a great choice for manufacturers looking to expand their global footprint.

Electrical & Electronics Product Exports (2015-2020)

Source : EDB

Key Industry Players

Major Export Destinations

Printed Circuit Boards

The global printed circuit board market experienced rapid growth in the last few years, and was valued at US$ 53 Bn in 2020, and is expected to reach $69 Bn by 2027. The Asia-Pacific (APAC) region holds the largest market position in the global PCB market and is projected to remain the fastest growing region in relation to the production of electronic components and devices.


Potential areas for investment

  • Printed Circuit Board Manufacturing
  • Printed Circuit Board Assembling
  • Component Manufacturing for Printed Circuit Board (Conductors, Resisters and many more)

$ 22.6 Bn. Estimated to reach by 2022

Consistent export performance averaging US$15 Mn + over the last 5 years

1000+ Engineering graduates from Universities annually

High demand for Military and Aerospace sectors

Printed Circuit Boards (PCB) exports (2015-2020)

International Brands

Solar Panel Manufacturing

2017 was a landmark year for global solar photovoltaics (PV) industry. In 2017, solar PV was the top source of new power capacity in several major markets, including China, India, Japan and the United States. Globally, at least 98 GW of solar PV capacity was installed (on- and off-grid), increasing total capacity by nearly one-third, for a cumulative total of approximately 402 GW.

The Ceylon Electricity Board is the country’s sole grid operator and distributor, whilst having 6.4 million electricity consumers and consumers are growing 6-7% annually. Considering the huge demand anticipated for solar energy in the future globally and domestically, there should be a coinciding development in the solar PV manufacturing industry to cater to the increasing demand. The availability of naturally occurring economically viable high purity quartz deposits in many parts of the country and duty free access to huge markets such as EU and India under trade agreements has made the Solar Component Manufacturing sector as one of the most promising sectors in attracting investments to Sri Lanka.


Priority areas for investment

• Solar Panel Assembling
• Solar Panel Component Manufacturing
• Polysilicon Manufacturing

Significant local demand with 100 Mw+ installations projected (2021 – 2023)

70% of local electricity demand to be supplied via renewable energy by 2030

Significant increase in the domestic demand for Solar power in the next 5 - 10 years

Availability for high purity, economically viable Quartz deposits

Energy generation in Sri Lanka