-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueWhat's Your Sweet Spot?
Are you in a niche that’s growing or shrinking? Is it time to reassess and refocus? We spotlight companies thriving by redefining or reinforcing their niche. What are their insights?
Moving Forward With Confidence
In this issue, we focus on sales and quoting, workforce training, new IPC leadership in the U.S. and Canada, the effects of tariffs, CFX standards, and much more—all designed to provide perspective as you move through the cloud bank of today's shifting economic market.
Intelligent Test and Inspection
Are you ready to explore the cutting-edge advancements shaping the electronics manufacturing industry? The May 2025 issue of SMT007 Magazine is packed with insights, innovations, and expert perspectives that you won’t want to miss.
- Articles
- Columns
- Links
- Media kit
||| MENU - smt007 Magazine
Ground-breaking of New Factory for GPV Electronics in Sri Lanka
October 25, 2021 | GPVEstimated reading time: 1 minute

GPV Electronics LK in Sri Lanka celebrated the ground-breaking of a new electronics factory. When finished in Q1 2023, the factory will comprise of a total of 11,300 m2 state-of-the-art production facility nearly doubling the current production area.
In charge of cutting the first sod was Chandana Dissanayake, Managing Director of the electronics site in Sri Lanka, which was established back in 1986.
“It was a fantastic moment for us. We have planned this for some years now but have had to put the expansion plans on hold due to the coronavirus. Our new factory will be a state-of-the art facility fitted for electronics manufacturing with room to growth as well as room to develop cable-harness manufacturing. Our many employees also look forward to the upgraded functionality,” says Chandana Dissanayake, who has been with GPV for three years, since November 2020 as Managing Director for GPV Electronics LK.
The ground-breaking in Sri Lanka underlines that the ambitious growth plans for GPV are intact.
“With a clearer view of the consequences of the coronavirus pandemic, we are now ready to resume the short and long-term capacity expansion, which will secure a good future foundation. A strong presence on the Asian continent is important for us, as well as for our globally oriented customers. GPV Electronics in Sri Lanka is fully certified within ISO 9001/14001/45001, and from here, we provide technology services, with special focus on our Swiss and German customers. The expansion in Sri Lanka is the first step in our master plan to expand and thereby also make room for our continued growth. I am very proud of what we have accomplished due to our highly skilled people and the good and trustful partnerships with our valued customers,” says Bo Lybæk, CEO at GPV and further emphasises the high focus on a safe building process.
“Safety of our employees is key, and so is the safety of all involved in the construction of our new production facility in Sri Lanka. With ambitions to execute the building construction with zero LTIs, our local management has taken on a very ambitious goal,” says Bo Lybæk.
GPV Electronics LK employs around 1,000 people and specialises in high-mix, low-medium volume electronic production of box-build solutions, EMC (Electro-Magnetic Compatibility) and future cable-harness capabilities.
Suggested Items
Compal Announces Completion of New Automotive Electronics Facility in Poland, Signaling Strategic Growth in Europe
06/30/2025 | Compal Electronics Inc.Compal Electronics is proud to announce the completion of Phase One of its new manufacturing facility in Czeladź, Silesian Voivodeship, Poland, marking a major milestone in its strategic expansion into the European automotive electronics market.
Leadership Development Continues at Incap Slovakia
06/30/2025 | IncapIncap Slovakia has launched the first leadership development training of 2025 as part of its ongoing Team Leaders Academy programme.
Flexible Electronics Market to Reach $66.9 Billion by 2032, Growing at a CAGR of 9.2% from 2025
06/30/2025 | PRNewswireThe flexible electronics market is projected to reach $66.9 billion by 2032, up from an estimated $38.4 billion in 2025, growing at a robust CAGR of 9.2% during the forecast period.
Incap Estonia Recognized with Second Golden Label for Responsible Business
06/27/2025 | IncapIncap Electronics Estonia has been awarded a golden label by the Responsible Business Forum in Estonia for the second time. The responsible business label is a prestigious symbol in Estonia that identifies entrepreneurs and organisations that demonstrate excellence in environmental, social, and economic responsibility.
TRI Unveils New Multi-Camera AOI, TR7500 SIII Ultra
06/27/2025 | TRITest Research, Inc. (TRI), the leading test and inspection systems provider for the electronics manufacturing industry, proudly introduces the new TR7500 SIII Ultra.