⚙️ EDB Launches Strategy to Double Light Engineering Exports to $400Mn
The Export Development Board (EDB) launched a specialized Awareness Programme for Exporters in the light engineering sector to enhance global competitiveness and drive a target to reach US$ 400 Mn in exports by 2030. • Current vs Target Revenue: Sri Lanka's light engineering products export revenue stood at US$ 205 Mn in 2025, with a national target to nearly double this to US$ 400 Mn by 2030. • Strategic Alignment: Partnering with the Foundry Development Services Institute (FDSI) and the Department of Government Factory, the initiative addresses global competitive pressures through practical and technical training. • Key Training Pillars: Covered 19 areas across two distinct themes: • _Export & Business_: Global market opportunities, foundry technology, modern simulation tools, energy efficiency, and international testing standards. • _Technical Operations_: Hands-on training in pattern-making, melting/casting, molding, defect remediation, and quality assurance. • Sustainability & Market Access: Heavy focus was placed on green manufacturing and pollution control. Adopting environmentally friendly processes is highlighted as a critical prerequisite for Sri Lankan exporters to access highly regulated European and Asian markets. • Future Outlook: Based on the outcomes of this programme, the EDB plans to roll out further capacity-building initiatives across the broader engineering export sector to support national economic diversification.