4. Facts
• Country name: Srilanka
-Conventional long form: Democratic Socialist
Republic of Sri Lanka -Conventional short form: Sri
Lanka
• Capital: Sri Jayawardenapura- Kotte
• Largest City: Colombo
• Government type: Republic
• Independence: 4 February 1948 (from the UK)
8. Places to visit Srilanka
Ella Nuwara Eliya
Polonnaruwa Adams Peak
9. Ratnapura where the city of famous Sri pada
mountain located is the center of precious stone
mining
10. Geography
• Southern Asia, island in the Indian Ocean, South of
India
• Geographic coordinates: 7 00 N, 81 00 E
• Is surrounded by the Indian Ocean, the Gulf of
Mannar and the Palk Strait, and lies in the vicinity of
India and the Maldives.
• Is a strategic naval link between West Asia and
South East Asia.
11. • Climate: tropical monsoon; northeast monsoon
(December to March); southwest monsoon (June to
October)
• Natural resources: limestone, graphite, mineral
sands, gems, phosphates, clay, hydropower
• Land use: arable land: 13.96% permanent crops:
15.24% other: 70.8% (2014)
• Natural hazards: occasional cyclones and tornadoes
12. Demographics
78%
13%
8% 0%1%
Ethnic Groups
Sinhalese Tamil Moors Indian Tamil Others
• Sinhalese 73.8%
• Sri Lankan Tamil
13.9%
• Moors 7.2%
• Indian Tamil 4.6%
• Others include
Burgher, Sri
Lankan Malay, and
Veddah 0.5%,
13. • Buddhism 69.1%
• Islam 7.6%
• Hinduism 7.1%
• Christianity 6.2%
• Unspecified 10%
69%
8%
7%
6%
10%
Religion as on 2015
Buddhism Islam Hinduism
Christianity Unspecified
14. Population
• 21,513,990
Languages:
Sinhala (official & national language) 74%, Tamil
(official and national language) 18% English is
commonly used in government and is spoken
competently by about 40% of the population
Age Structure
• 0-14 years: 23.9% 15-64 years: 68% 65 years and
over: 8.1% (2015 est.)
16. History
• Etymology: Known by various names- Lanka, Ceylon
• Some mentions of the country are found in the
Ramayana, the Mahabharata and the books of
Gautama Buddha's teachings.
• Cinnamon is native to Sri Lanka and has been found
in Ancient Egypt as early as 1500 BC, suggesting
early trade between Egypt and the island's
inhabitants.
• Civil war
17. Government
Emblem
• Constitution:
Adopted 16 August
1978, Certified 31
August 1978; Amended
20 December 2001
• Legal system:
Mixed legal system of
Roman-Dutch civil law,
English common law,
and Jaffna Tamil
customary law
18. Maithripala Sirisena
• The president is both
the Chief of State and
Head of Government.
• Cabinet: Cabinet
appointed by the
president in
consultation with the
prime minister.
• Elections: president
elected by popular vote
for a six-year term (two-
term limit)
19. Foreign Relations
• A founding member of the NAM (Non- Aligned
Movement)
• It also is a member of the Commonwealth, SAARC,
World Bank, IMF, Asian Development Bank (ADB) and
Colombo Plan.
• Closest allies include China, Pakistan, India, Japan,
South Korea & Malaysia.
• Sri Lanka and the Arab states of the Persian Gulf (GCC)
enjoy strong economic and military ties.
• Sri Lanka maintains good relationships with both
Russia and United States
21. Culture
• The culture of Sri Lanka has been influenced by many
things in the past, but has managed to retain much of its
ancient, rich aspects. Mostly it has been influenced by
religion and colonization by the Dutch, the Portuguese
and the British.
22. Sports
• Sport – Most famous Cricket ,Football (Soccer) and Rugby
Union.
• Earliest matches - 1832
• BCCSL – governing body
• Co-Hosted 1996 and 2011 World Cup
• Won in 1996 , runners up in 2007 & 2011
24. • Adventure Sports – White water rafting
- Kithulgal
• Boating - Bentota, Bolgoda, Madhu
ganga, Koggala
• Trekking - Knuckles Mountain Range
• The precious stones such as rubies
and sapphires frequently found in
Ratnapura.
• Ceylon Sapphire known worldwide
25.
26. Cuisine
• Influence from India
• Staple food – Rice and curry
• alcoholic drink-Toddy or Arrack
• Spices - different varieties chillies referred to
as amu miris, kochchi miris, and maalu miris
(capsicum)and in Tamil Milakaai, among others
27.
28. Festivals
• The Sinhala and Tamil new year ("Aluth Avurudhu"
in Sinhala, "Puththandu" in Tamil) is a very large
cultural event on the island. The festival falls in April
(the month of Bak)
• There are many other celebrations, like Christmas
31. Economy
• Trade organizations: WTO and South Asian Free
Trade Association (SAFTA)
• GDP: $56 billion (2014 IMF est.) / $140 Billion PPP
• GDP Growth: 8.2% (2013)/ 9.5% (2014 est.)
• GDP per capita: $5,300 (2014est.) / $7000 USD PPP
• Inflation: 3.4% (2013 est.)
• Reserves of foreign exchange and gold: $5.63
billion (31 December 2014 est.)
• Current Account Balance: $-1.784 billion (2014 est.)
32. • Central bank discount rate: 7.5% (31
December 2014)
• Commercial bank prime lending rate:
10.91% (31 December 2014)
• Investment (gross fixed): 23.6% of GDP
(2014est.
• Industries: processing of rubber, tea,
coconuts, tobacco and other agricultural
commodities; telecommunications,
insurance, banking; tourism, shipping;
clothing, textiles; cement, petroleum
refining, information technology services,
construction
33. Foreign Investment Policies
Restricted Sectors:
• Non bank money lending
• Pawn broking
• Retail trade with a capital investment of
less than $1 million
100% equity:
• For all except a few sectors such as
telecom, education, mass transportation,
mining, etc
Incentives: Yes, with export requirement and
minimum investment
35. Trades of Srilanka
• The top exports of Sri Lanka are
Tea ($1.38B), Non-Knit Women's
Suits ($574M), Other Women's
Undergarments ($518M), Non-
Knit Men's Suits ($446M) and
Knit Women's Suits ($436M),
using the 1992 revision of the HS
(Harmonized System)
classification. Its top imports are
Refined Petroleum ($2.35B),
Crude Petroleum ($1.22B),
Planes, Helicopters, and/or
Spacecraft ($894M), Cars ($595M)
and Light Rubberized Knitted
Fabric ($484M).
• The top export destinations of Sri
Lanka are the United States
($2.4B), the United Kingdom
($1.12B), Germany ($590M), India
($515M) and Italy ($461M). The
top import origins are India
($4.11B), China ($2.83B),
Singapore ($1.72B), the United
Arab Emirates ($1.12B) and
Oman ($713M).
40. RECENT VISIT OF PM MODI WITH
PRESIDENT SIRISENA
• Modi has been proactive about approaching Sri
Lanka on increasing defense cooperation. He and
Sirisena have reportedly agreed to expand India-Sri
Lanka cooperation on defense and security issues.
Modi additionally told the press that he and Sirisena
welcome India-Sri Lanka progress in “maritime
security cooperation, including in the trilateral
format with Maldives.” As demonstrated by his
election manifesto, Sirisena is aware of Indian
sensitivities toward Sri Lanka’s rapprochement with
China. Current trends suggest that cooperation
between New Delhi and Colombo should grow on
these issues as long as Sirisena is in charge.
41. TRADE OPPORTUNITIES FOR SRI
LANKA
• Sri Lanka’s exports growth has largely been under the
ISFTA, whereas India’s exports have remained
• mostly outside the ISFTA. In average, over 70% of Sri
Lanka’s exports to India continue to be under the
• ISFTA, while India’s exports to Sri Lanka under the ISFTA
remains only around 25%. Sri Lanka could
• export more than 4000 product lines to the Indian market on
duty free basis. The noteworthy aspect of
• the growth of exports under the agreement is the broader
product diversification, which took place
• following the FTA.
• Major exports from Sri Lanka under the ISFTA includes;
apparel, furniture, MDF boards, glass bottles,
• processed meat products, poultry feed, insulated wires &
cables, bottle coolers, pneumatic tires, tiles &
• ceramics products, rubber gloves, electrical panel boards &
enclosures, machinery parts, food
• preparations and spices etc.
42. RECENT DEVELOPMENT FOR WAY
FORWARD
• Removing Tariff Rate Quotas:
• a) Garments 8 million pieces in total at Zero duty per
annum
• b) Pepper : 2,500 Mt at Zero duty (per annum)
• c) Desiccated Coconut : 500 Mt at Zero duty (per
annum)
• d) Vanaspati, bakery shortening and margarine:
250,000Mt at Zero duty (per annum)
48. INVESTMENT
Indian investment into SL has also increased significantly since
the FTA came into operation
Between 1978 & 1995, Indian investment accounted for 1.2%
of total FDI
Cumulative Indian investment which was a mere US$ 1.437 Mn
in 1998 increased to US$ 125.925 Mn by 2008, contributing to
14% of total FDI flows to SL
India is now the second biggest investor in SL, exceeded only
by Malaysia
The bulk of Indian investment (63%) in SL in recent years has
been in the services sector – telecommunications (Bharti
Airtel), health (Apollo Hospitals), retail services (Lanka Oil
Company), energy, hospitality (Taj Hotels) and air transport
services (Jet Airways)
As of the end of 2007, Indian investment resulted in over 70
projects, employing 6747 individuals
49. India in Sri Lanka:
CEAT, Gujarat Glass, TATA, Indian Oil,
Gujarat Ambuja, Bharti Airtel, NTPC, Indian
Hotels Co, State Bank of India, Indian Bank,
ICICI Bank, Indian Overseas Bank, Larsen &
Toubro, Cairn India,Bajaj,Hero,Dabour
• Sri Lanka in India::
• Aitken Spence Hotel Managements, Bank of Ceylon,
Brandix India Apparel City, Damro Furniture, John Keells
Logistics India, Sri Lankan Airlines, Hsenid Software
India, DSI Tyres India, Hatton National Bank
