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SL FR issue Resolution - Coggle Diagram

- - - - Need tightening of the belts to face the challenge
      - Also we need some control else even kites are imported which are nonses- Just an example on why we need to have some control
      - At the same time if possible we should have things such as fuel on cost based pricing so anyone who can afford should be able to buy them. This theory should be applied to any essential items
- - - - https://economynext.com/sri-lanka-runs-bop-surplus-in-november-2022-108716/
      - around 3 B
  - - - Service sector
        
        Infor Technology - 1 B per Annum
        
        Target 2024 - 1.5 B ?
        
        WHat needs to be done ?
        
        Invest in improving the knowledge in areas such as machine learning, AI, Automation, data analytics, cyber security
        
        Work on niche areas and improve the quality of the work we receive
        
        Improve product development area
        
        How to foster innovation
        
        3 more items...
        
        Product development area has a bigger margins even though takes time to implement. I guess SL has the potential to do well.
        learn from LSEG, WSO2 and see what is required to replicate those success stories
        
        https://threadreaderapp.com/thread/1619900519472046087.html
        
        BPO sector
        
        Look to attract non IT ( ex Arts) graduates to this sector if possible with some minimal training
      - Tea
        
        B per Year / 100 million avg per month
        
        Target
        
        Have to consider the challenging soil situation/ might not be able to improve this figure a lot rather should look to sustain the current number
        
        Value addition may be the only option to increase this
      - Rubber
      - Apparael
        
        close to 5 B per year / 450 million per month
        
        Target for 2025 - > 7 B?
        
        what to be done ?
        
        Risks
        
        Threats from locations like Bangladesh
        
        Labour rates are higher than markets such as BD and Africa
        
        Should target niche market. similar to underwear market which we have grasped. places like Bangladesh will compete on quantity a lot. but we might still have the quality
        
        Identify the training required to improve the quality
        
        Is there an improvement needed in design fronts
        
        Should we invest in automation and upgrading infrastructure
        
        Is there a part to be played by IT here by helping automation
      - Coconut products
- - - - reach 2.3 pre easter number
      - Revenue - ~ 5 B
    - - Make it a 10 B revenue stream
      - What we need to do
  - - - Beach hotels
      - Up country
        
        Ella
      - Cultural heritage
      - Other
      - ECo tourism
      - Medical Tourism
    - - No of tourists
        
        current figure ?
        
        Target figure ?
      - Ticket prices
        
        reconsider ticket pricing
        
        Admission fee and activity fee - all to be paid in dollars
      - Risks and challenges
        
        risk to wildlife and welfare of animals
        
        promote areas such as suiryaweva park where wildlife is roaming free
    - - what can be done to promote this sector
      - is ticket prices adequae
      - all tickets should be paid in dollars
- - - - people with VOQ qualifications
      - New sectors we should target looking at global trend
        
        Age care workers
        
        There is a huge demand in Australia for an example
        
        Motor mechanics
        
        Have more places like Germen Tech and other recognised places and attract people who just jumps to a trishaw