The top export items of Sri Lanka are Tea, Women’s Undergarments, rubber, cinnamon, etc. But before starting the business it���s very important to do a small survey by providing a free sample of your freshly made juice. There are two Agriculture Parks abbreviated as A.Parks established by the Department of Agriculture. Livestock Business. Also, it���s necessary to find out the right opportunity to create a second income. If you are new to the business and don���t want to invest much for a starter then you should definitely try this business. Different types of specific demand with the changing lifestyle habit have introduced several innovative and profitable startup opportunities in the transport industry. With a minimum storage space requirement, one can get ready for exporting fruits. Tweet. Botanical Bounty is an Oregon based perennial farm that grows a variety of botanical medicinal perennials. Before starting this business know the process and learn from a professional event management program or work in event Management … Related: Lucrative Business Ideas for Information Technology Professionals. An organic farm greenhouse business has a high potential to grow and succeed because the demand for organically grown farm products has grown considerably in recent years. Also, you can customize your offers, organizing techniques and include new ideas to attract your costumers. The current Minister of Agriculture and State Minister of Agriculture are Duminda Dissanayake and Wasantha Aluvihare respectively. Other than the statics provided by the Central Bank of Sri Lanka and the Mi nistry 7. If you’ve been thinking about a plant care home business, here’s what … This is only available for private sector company employees and certain government organizations. Still, we are at the beginning of the year. Animal husbandry or livestock farming is also getting immense popularity nowadays. The textile industry is vast in Sri Lanka. Organic farm greenhouse business was normally done on small, family-run farms. Before starting this business know the process and learn from a professional event management program or work in event Management Company for an experience. If you want to start a small business in the clothing and apparel segment, you can consider starting a jeans manufacturing business. Basically, the country’s economy depends hugely on agriculture. As small business in Sri Lanka, you might start Homemade Food business as following ideas. Invest Explore Search. 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs and small business owners in starting, managing and growing their business. However, the business sector is famous for agriculture, plantation, export, food processing, and telecommunications. • Mix of current and new crops for Sri Lanka • Representave of different types of agriculture Market Demand. ... Top 9 Profitable Business Ideas For Nigerian Students. At present agriculture business in the world revolves around productive resources like feed, seed, fertilizer, equipment, energy, pesticides, machinery, etc. Most of the people in Sri Lanka use English, Tamil, and Sinhala for communication with each other. Commercial fish farming has already established as a profitable business venture all over the world. Profitable Business Ideas In Sri Lanka Profitable Businesses Australia Small Business Ideas and Home Business Ideas – If you want to get in on the ground floor of an emerging industry, starting an … opportunities are not only worth starting now but will make profits for years to come. As tourism is one of the most important revenues earning sectors in the country, you can find several retail business opportunities there. Basically, Sri Lanka is an island country. Takas.lk. Sri Lanka is a small country. Oct 09, 2020 (LBO) – Sri Lanka’s President Gotabaya Rajapaksa requests China to participate in Sri Lanka’s tea auction as it will be a major boost to … October 9, 2020 | Agriculture, General Services, Trade | Read More Some of the most lucrative IT sectors are business process outsourcing, knowledge process outsourcing, software development, IT Services, and IT education. Generally, this type of business offers services like repairing cell phones, smartphones, iPhones, tablets, etc. And after the warranty period, people look for an affordable local repairing service for fixing the phones. Agriculture profitable for Mahaweli H farmers . As small business in Sri Lanka, you might start Homemade Food business as following ideas. Similarly, total profit from all activities represents 94% of the CSD’s total revenue for 2016, revealing extraordinary profit margins. Article Information Thus, starting a coconut exporting business is highly profitable for young entrepreneurs. This segment of the catering business has quite low competition and easy to stand. Background . Business Today fetes top 25 corporate entities.. by Sanath Nanayakkare – Courtesy: The Island – November 20, 2014, 12:00 pm. 2. Related: Most Profitable Agriculture Small Business IdeasÂ, If you love gardening, you can start a backyard plant nursery in Sri Lanka. Presently, the Sri Lanka’s economy is being transitioned from a rural, agricultural economy towards a more urbanized economy … Having good reputation in the E Marketing and Software field. Organic Farm Green House. If you are on a low budget and still want to do business then fast food corner is the best business ideas for you in Sri Lanka. Buy or Invest in an Agriculture, Coffee Estate, Ranche, Sugarcane Farm, Vegetable Farm, Orchard, Dairy Farm, Agriculture Consulting, Agriculture Support, Animal Breeding, Animal Feed, Aquaculture, Fishing, Commercial Nursery, Agriculture Wholesale, Fur Farm, Grain Farm, Organic Farming or a … Fish farming is raising fish commercially in the tanks & ponds for the purpose of producing food. Author’s contribution The sole author designed, analysed, interpreted and prepared the manuscript. So as an entrepreneur you should consider investing in tea exporting business. Vegetables, fruits and oilseed crops are also cultivated in the country. Invest Explore Search. Sri Lanka could be self-suffiecient in agricultural produce provided a proper plan is in place to make maximum use of land and protect farmers from exploitation. ... Power and Profit_ Investigating Sri Lanka’s Military Businesses. I know it���s hard but initially, you can help and manage your family functions or friend���s small parties to gather experience and knowledge which will eventually boost confidence and help you understand the industry, Catering services for birthdays, wedding anniversaries and other small occasions is the main idea. Sri Lanka has achieved a remarkable growth during the last decades and is moving now towards the upper middle income status with the achievement of per capita income of US$ 4,065 in 2017. The country is the 81st largest export economy in the world. Starting a small catering service is another business idea for Sri Lankans. But after the warranty period is over they charge quite high from their customers. If you are the next one looking forward to starting a company here, find below the options to be explored. Even, if you don’t have the repairing skill, you can visit classes to gather knowledge. The capital of the country is Colombo. encourages the small scale sector of the country. Sri Lanka’s diverse climatic conditions that enable cultivating a range of organic products, and the availability of local resources & skilled labour, flexible operations, and compliance with international standards all contribute towards making this industry sustainable and profitable in the long run. Looking for a genuine trouble free investor for very profitable Software Industry in Sri Lanka. The wait is over. The TJC Mango is an important landmark in the development of Sri Lankan fruit for export. Sri Lanka Agripreneurs’ Forum represents growers, farmer organizations, agri value-addition enterprises, … Once you gain experience and knowledge of the field you will gradually successful. Major tourist attractions are focused around the island’s famous beaches located in the southern and eastern parts of the country. 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