Rainco

Last updated
Rainco
Rainco Pvt Ltd
Company type Private
Founded1977;47 years ago (1977) in
Kandy, Sri Lanka
FounderS. L. M. Fausz
Headquarters,
Areas served
Sri Lanka
Maldives
India
Mauritius
Seychelles
Key people
Fazal Fausz (Chairman)
Products Umbrellas
Mosquito Nets
Rainwear
BrandsRainco
OwnerAvarna Ventures
Parent Avarna Ventures
Website www.rainco.lk

Rainco is a privately held company in Sri Lanka which manufactures umbrellas, mosquito nets and rainwear. Starting as a home-based operation in 1977, as of 2015 the company counts four production factories across the island, a workforce of over 1200 and a dealer network of over 7000. As the first company to obtain ISO 9001-2000 certification and SLS certifications for the manufacture of umbrellas in Sri Lanka, [1] Rainco is also the only producer of ISO 9001-2000 system certified mosquito nets in South Asia. [2] Rainco products are currently exported to Maldives, India, Mauritius, Singapore and Seychelles. The company is also the official representative of several global brands in Sri Lanka including Cartoon Network. [3]

Contents

History

Rainco began when entrepreneur S. L. M. Fausz hired 5 employees in 1977 and started making umbrellas through a process of trial and error out of a small house in Kadugannawa, Kandy. Following an arbitrary separation with the partners, the company relaunched as Sri Lanka Umbrella Industries in 1990 and resumed the manufacture of umbrellas under the brand name Globe. In 2000, the company took the Rainco name and by 2003 became the first to obtain ISO 9001-2000 certification for umbrellas in Sri Lanka.

Products

Umbrellas

Rainco produces 29 varieties of umbrellas, including compact/straight umbrellas for ladies, gents and children as well as garden and beach umbrellas in a variety of colours, designs and fabrics. The company also undertakes the manufacturing of custom-designed, “branded” umbrellas.

Mosquito Nets

Rainco produces the only ISO 9001-2000 system certified mosquito net in South Asia. The company is also the sole Sri Lankan distributor of PermaNet pre-treated mosquito nets and curtains produced by Swedish firm, Vestergaard Frandsen. [4]

Rainwear

Rainco also manufactures raincoats and other rainwear garments in a variety of colours and designs.

Socks

Cottonmax brand of socks for adults and kids

Shoe polish

Silver brand of shoe polish and other shore care products including shoe deodorant and renovators

Baby gear

Baby mosquito nets Cot sheets Baby feeding and nursing products

Factories

The company operates four production factories in Kadugannawa and Mawanella which provide employment to over 700 workers and output over half a million umbrellas and over 50,000 mosquito nets monthly. [5]

Related Research Articles

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References

  1. "Rainco receives quality certification". The Island. 18 July 2002. Retrieved 29 Jun 2015.
  2. "Disney characters on Rainco products". Sunday Observer. 24 December 2006. Retrieved 29 Jun 2015.
  3. "Cartoon Network appoints 'Rainco' as local branding agent". Sunday Times. 10 May 2015. Retrieved 29 Jun 2015.
  4. "Vestergaard and Rainco join to launch quality products". Sunday Observer. 31 May 2009. Retrieved 29 Jun 2015.
  5. "Company profile on Alibaba.com" . Retrieved 29 Jun 2015.

Rainco rewards winners of Tharageta Kuda halamuda island wide promotion - Daily Mirror - Tue, 04 Jun 2019

Rainco mosquito-proof nets endeavour to protect every household -Daily FT 26 April 2019

Rainco teams up with Education Ministry -Sunday Observer June 2019

Rainco Thegi Dela Mosquito Net Promotion - lankabusinessnews - 13, March 2019