Pelwatte Dairy Industries Ltd, a leading Sri Lankan company, was established in 2006 with its factory complex situated in Buttala, Moneragala District. Specializing in milk processing, animal feed, and dairy products, the company is owned by Mr. Ariyaseela Wickremanayake, founder Chairman of Master Divers and Pelwatte Sugar Industries Ltd. With an investment of Rs.1.5 billion, the factory produces a range of dairy products, including liquid milk, milk powder, yoghurt, butter, ice cream, and ghee. The objective is to curb the outflow of foreign exchange spent on importing milk powder, which presently amounts to $300 million annually in Sri Lanka. Pelwatte Dairy Industries Ltd aims to alleviate the economic impact by contributing to the local dairy industry.
