Prema-chandra Athukorala
The history of industrialization strategy in Sri Lanka is characterized by abrupt episodes of substantial changes associated with political regime shifts without settling to a stable path required for self-sustained growth. During the first decade after independence in 1948, development of industry was not a policy priority in Sri Lanka, unlike in many other newly independent nations. From about the late 1950s, a combination of the influence of the development thinking at the time and growing balance-of-payments problems induced a policy shift towards state-led import-substitution industrialization. In 1977 Sri Lanka embarked on an extensive economic liberalization reforms process that marked a decisive break with a two decades of state-led import-substitution industrialization strategy.
a garment factory … and tyre production 
