Founding year: 1977
Avarna member status: Fully owned/co-founded/joint venture
Focus: Manufacturing, marketing, distribution, and sales of umbrellas, rainwear for adults and kids, and mosquito nets
Rainco has been an integral part of every Sri Lankan household since 1977. Today, the company that began its journey making umbrellas is a large-scale manufacturing, marketing, and distribution giant with 80% of the local market share and an expanding global presence. Its product portfolio includes umbrellas, mosquito nets, and adult and kids’ rainwear. For nearly five decades, the Rainco brand has continued to deliver its promise of delivering well-manufactured, quality products to customers when it’s needed most. While working towards its vision of uplifting people’s lives in simple ways.