Beyond the Beaches: Unveiling the Unsung Heroes of Sri Lanka’s Economic Growth

Aneslin Bala
3 min readJan 5, 2024

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As a Sri Lankan CEO, I often get sucked into the tourist whirlwind. Sun-kissed beaches, turquoise waters, and elephants lumbering through ancient ruins make for a postcard-perfect narrative. But let me tell you a secret: while tourism plays its part, the real heroes of Sri Lanka’s economic growth are hiding plain sight, not sipping cocktails on sun loungers. They’re the entrepreneurs, the innovators, the quiet workhorses tilling fertile fields and building dreams from scratch, beyond the tourist spotlight.

Forget coconut cocktails and souvenir sarongs. Imagine tech wizards coding their way to global recognition, textile artisans weaving magic with ancient looms, and eco-warriors transforming barren lands into lush green havens. This is the real Sri Lanka, a crucible of creativity and resilience, where unsung heroes are quietly rewriting the island’s economic story.

Here are just a few of the sectors silently fueling Sri Lanka’s growth:

  • Tech Titans in Paradise: Forget Silicon Valley dreams; Sri Lanka’s got its own digital revolution brewing. From cutting-edge software houses to AI-powered startups, tech whizzes are building the future, one line of code at a time. Imagine drone deliveries in remote villages, AI-powered healthcare reaching isolated communities, and Sri Lankan apps on phones across the globe — all born from the minds of our hidden tech pioneers.
  • Threads of Opportunity: Beyond souvenir sarongs, Sri Lanka’s textile industry is weaving a tapestry of global success. Eco-friendly fabrics, innovative designs, and a dedication to fair trade are making Sri Lankan garments a global phenomenon. Picture high-fashion runways adorned with Sri Lankan creations, sustainable cotton plantations thriving, and the hum of looms becoming the soundtrack of economic prosperity.
  • Green Guardians of Growth: Forget pristine beaches threatened by plastic; Sri Lanka’s eco-preneurs are leading the charge for sustainable tourism and green energy. Imagine solar panels dotting rooftops, eco-lodges nestled in pristine forests, and communities thriving on renewable energy. This isn’t just about saving the planet; it’s about creating a new model of economic growth that benefits both people and nature.

But just like a lush garden, these successes need constant nurturing:

  • Invest in Innovation: Sri Lanka’s entrepreneurs need fertile ground in which to flourish. Public and private investments in research and development, access to capital, and support for incubators and accelerators are crucial to keep the innovation engine humming.
  • Upskill the Workforce: Our heroes need the tools to fight their battles. Tech education, vocational training, and skill development programs tailored to emerging industries are vital to ensure Sri Lanka has the talent pool to stay ahead of the curve.
  • Shine a Light on the Unsung: Let’s give these heroes the stage they deserve. Promoting local businesses, showcasing success stories, and creating platforms for collaboration are essential to building a thriving ecosystem of Sri Lankan innovation and enterprise.

So, look beyond the postcard-perfect beaches next time you visit Sri Lanka. Seek out the tech hubs, visit the textile workshops, and learn about the communities pioneering sustainable tourism. You’ll discover Sri Lanka brimming with untapped potential, a land where dreams are cultivated with sweat, ingenuity, and unwavering determination.

Join the chorus, support the unsung heroes, and become part of Sri Lanka’s economic growth story. Together, we can rewrite the narrative, one innovation, one sustainable thread, and one green initiative at a time. The future is bright, and Sri Lanka’s hidden heroes are lighting the way.

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Aneslin Bala
Aneslin Bala

Written by Aneslin Bala

I am Aneslin Bala (MBA-Finance), CEO, Consultant for Corporate LMS, eCommerce and Cloud Services. Here I'm talking about SL Economics. https://linktr.ee/aneslin

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