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Tuesday, 09 October 2012 - 12:04
Lanka rubber to capture 2 % of global market
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Sri Lanka is ready to capture 2 % of the global market of the rubber manufacturing sector.

Presently, the rubber manufacturing industry accounts for approximately 4.5 % of total export earning of the country.

Sri Lankan rubber industry comprises three independent major sectors namely, rubber products manufacture, and latex rubber manufacture and the rubber wood based industry.

Each year, the Rubber Development Department provides subsidies for growers to continue rubber replanting and new planting activities.

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