Sri Lanka, located in South Asia, is officially known as the Democratic Socialist Republic of Sri Lanka and it is an island country. The major stock exchange in the country is the Colombo Stock Exchange. The main sectors that contribute towards the economy of Sri Lanka are tourism, tea export, apparel, textile, rice production and other agricultural products. The tea industry of the country is among the major industries to attract foreign exchange and it also stands as the leading exporter in the world. The apparel industry of Sri Lanka, producing high quality ready made garments, is also a key contributor in terms of attracting foreign exchange.