Auto Components

Strategically located near major automotive markets like India and the Middle East, Sri Lanka is also home to one of the world’s best impact sensor switches for seat belts and airbags manufacturers that work with the world’s most renowned brands. With capabilities in manufacturing wiring harnesses, metal parts, plastic moldings, and precision-engineered parts, Sri Lanka is well-positioned to integrate deeper into global automotive supply chains.

Key Fact

  • Targeting USD 800 million–2 billion in export revenue within the next 5 years
  • Generates around USD 5–10 million annually from vehicles and components
  • Over 20,000 workforce
  • Over 5,000 skilled workers, including graduates & trainees
  • Vocational Training institutions generate over 10,000 skilled workers per annum
  • 17+ operational plants producing motorcars, SUVs, motorcycles & electric three-wheelers
Priority Areas of Investment in Auto Components Sector
  • Batteries, Radiators, Cables Seats
  • Sensors, Airbags, Seat Belts, Wire Harness
  • Clutch Systems,  Suspension Components, HVAC Systems, Center Consoles
  • Exhausts Systems,  Oil Filters, Air Filters, Head Lights
  • Truck Trailers, Truck Bodies, Bowsers Tractor Trailers
  • Dash Board Systems, Bumpers, Body Interior Panels, Precision Moulds
  • Steering Racks including Conversion Kits
  • Rubber Components (carpets, beading, mud flaps, washers, bushes, gaskets, leaf spring, centre bolts, coil spring & bearings)
 

Key Markets 2024

  1. USA
  2. Germany
  3. UK
  4. France
  5. Canada 
  6. Australia
  7. Belgium
  8. Czech Republic
  9. Netherlands
  10. Sweden

Top 10 Export Destinations for Auto Components

Source : Sri Lanka Export Development Board
Source : Sri Lanka Export Development Board 
Source : Sri Lanka Export Development Board 
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