The Toy Business Which Conquered the World: Lanka Kade Export (PVT) LTD

The Toy Business Which Conquered the World: Lanka Kade Export (PVT) LTD

SME Inspirations

Commercial Bank LEAP Team

Commercial Bank LEAP Team

63 week ago — 3 min read

Enterprise: Lanka Kade Export

Founder: Upul Soysa

Industry: Export of children's toys

Year it was founded: 2000

Location:

 

Sri Lanka is a beautiful country with various economic resources. If you think about it, there are enough things in our country to build a successful business. Lanka Kade Export is such a successful and creative business that has taken the name of our country to the world. So, let's talk about the details of this successful journey with the founder Upul Soysa of Lanka Kade Export.

 

1. Firstly, tell us what your business is and how it started?

Lanka Kade Export is a business established in 2000 manufacturing and exporting traditional wooden toys. We are a business dealing directly with independent artisans in Sri Lanka. Also, Lanka Kade Export works in accordance with WFTO's 10 principles of fair trade.

 

2. What kind of countries does Lanka Kade Export, export toys to?

We manufacture and export these traditional wooden toys to Europe and the rest of the world.

 

3. How does your business differ from other competing businesses?

What makes us unique is that all our toys are hand crafted in Fair Trade Workshops by skilled artisans.

 

4. What challenges have you faced in this journey and are you facing any recently?

A major challenge we face is that recent inflation and exchange rate fluctuations have destabilized our market and consumer confidence.

 

5. Let's talk about your future business dream, shall we?

Our future business dream is to further expand the business and create employment opportunities for many more artisans.

 

6. How was the support received from Commercial Bank during your journey?

Commercial Bank can be called a bank that has helped us a lot in the development of the business by providing financial services with reasonable interest rates.

 

7. What advice do you have for aspiring entrepreneurs?

Always try to maintain your correct principles. And focus on what differentiates you from your competitors.

 

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