Regarded as one of the highest recognition platforms for exporters in Sri Lanka, the PEA is spearheaded by Exports Development Board (EDB).
The awards were presented to 130 winners from 27 different sectors by President Maithripala Sirisena.
Mr. Lal De Silva, the Managing Director of G P de Silva and Sons International, commenting on the award, stated ‘We are very delighted to have been recognized for our immense efforts and contribution in the export sector of Sri Lanka.
This reflects well on our continuous drive to enhance and innovate on packaging, quality and brand value whilst sharing knowledge and experience among others in the industry.’
‘We are striving in all possible ways to take the company as well as the spices industry in Sri Lanka to greater heights in the global landscape and we’re confident to thrive in similar achievements in the future,’ he further said.
Sri Lanka is known for its richness in a range of spices such as cinnamon, pepper, cardamom, cloves, nutmeg, mace amongst others, and over a 90pct of these are exported to the end-users such as flavor, fragrance, and pharma industries.
Cinnamon accounts for a major proportion in the spices and allied products sector.
The spices and allied product sector’s exports rose to USD319.45mn this year from USD260.3mn in 2014, according to stats from EDB.
The major markets for last year were India, Mexico and United States followed by Germany, Peru, Colombia, Spain, UK, Guatemala, and Ecuador.
Founded by a courageous visionary entrepreneur G P De Silva in 1955, the company dominated the domestic market during the period and in late 1970s it ventured into global markets with its first shipment to Chile.
Today G P de Silva and Sons International is the world’s largest cinnamon exporter fulfilling over 90pct of the global demand for true cinnamon every year, shipping to key markets such as Mexico, South America, USA, UK, Middle East, and Europe. It has an international office in California, USA.
G P de Silva and Sons International which is the largest exporter of true, high quality cinnamon also exports nutmeg, cloves, black pepper, desiccated coconut, cardamom, essential oils, mace, dried lime and a wide range of other products.
The company has won many local accolades in the past for its vast contribution to the export sector, and with a belief of a strong culture of giving back to the society it has initiated many CSR programs in the country.
With a motive of recognizing and awarding the contributions made by exporters in Sri Lanka, the Presidential Export Awards was initiated by EDB in 1981.
It has evolved to become a symbol for export enterprises to push them further to achieve similar accomplishments.
