Who We Are

A journey of pursuing possibilities

Our journey of making umbrellas started in 1977, which marked the dawn of a new era. Since then, our business has grown from strength to strength and has become one of the biggest diversified entities locally, having a presence across different industries.

History of Rainco

1977

The Dawn of A New Era

In an open economy, five bold people got together to form a different type of a business making umbrellas.

1978

The Battle Begins

The business had to face fierce competition from international brands.

1990

The Unwavering Corporate Identity

The small business was transformed into a reputed business entity with the formation of “Sri Lanka Umbrella Industries” giving birth to the umbrella brand “Globe”.

1992

Expanding Horizons

An old tea factory in Kadugannawa was converted into a mass umbrella production facility.

1997

Covering The Corporate Segment

The corporate division was established to cater to the corporate business entities with customized/branded umbrellas.

2000

Rainco! The name says it all.

The company’s umbrella brand was re-born with the name “Rainco” and the rest is history.

2001

Building Expertise

A Joint Venture was formed with an establishment in India for the component manufacturing. The company also established an in-house injection molding plant.

2003

Focus On Quality

Rainco obtained ISO 9001-2000 certification.

2010

Spreading The Wings

A new factory was established under BOI (Board of Investments) Sri Lanka to focus on exports.

2015

Customised Solutions

“Giftworks” was formed to provide complete customizable gifting solutions to the corporate sector.

2018

Living The Values

Obtained BSCI Social and Welfare Compliance certification for the manufacturing facility.

2022

The Journey Continues

Today, Rainco is a large-scale manufacturing, marketing and distribution company continuing to widen its horizons.

1977
1978
1990
1992
1997
2000
2001
2003
2010
2015
2018
2022

Leadership Team

S L M Fausz

Founder

Fazal Fausz

Executive Director

Faizal Fausz

Executive Director

Faris Fausz

Executive Director

Dinesh Dharmaratne

Chief Executive Officer

Mohamed Shamil

Group Finance Director