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High tech reaches zenith

Sri Lanka’s high tech electronics industry has entered a new era with 30 per cent growth. This will create ample opportunities of having linkages with the growing Indian electronics sector, President of the Sri Lanka Electronics Manufacturing and Export Association, Merric Gooneratne said.

“We have a unique opportunity for establishing linkages with the growing Indian electronics industry. Since Chennai is developing as the global centre for excellence in automation industry,” Gooneratne said.

Sri Lanka is also in an advantageous position as our productivity level is more competitive than that of major markets like China and India, and we have the ability and technology to produce high tech electronic components much better than those countries, he said

He said that Korean car giant Hyundai has set up a new facility in Chennai, where they will be manufacturing 600,000 auto units for a year. Further, other major automobile companies including Ford, Renault, Nissan, and BMW are also expected to set up facilities in Chennai. Chennai itself expected to produce over one million units for a year, he said.

With these new development in the Indian subcontinent Sri Lanka’s electronics industry has the access to new opportunities to establish linkages with Chennai to supply electronic components.

This is more profitable in all logisticwise to penetrate the auto market in China, he said. We also have to be efficient in quality and be competitive in terms of pricing strategy and delivery schedule, he said

Currently the Sri Lankan electronics industry has established itself as a reliable supplier of electronic components namely printed circuit boards to globally renowned end users in the area of computers, bio medical engineering products, and consumer electronics, Gooneratne said.

With these developments in the electronics industry we have to look for global partners to improve the output mainly to focus and develop Research and Development skills to enhance productivity in the electronic sector, he said.

Gooneratne said workers in Sri Lanka’s electronic industry have been rated very high and their ability to absorb skills is also very high. An average person in Sri Lanka could read and understand instructions given in English, better than other countries like China and India, he said.

The government has given the highest priority for the development and promotion of the electronics sector.

 

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