Revolutionizing Sri Lankan Tea Industry: A Comprehensive Analysis of the Economic Viability of Implementing IoT Applications

This research focuses on technological innovation's adaptability in the Sri Lankan tea industry and its economic benefits. The four focused areas below were created to address specific knowledge gaps in this research. These objectives correspond to the study's purposes: Identify existing Internet of Things (IoT) applications in the Tea operational process in Sri Lanka. Assess the efficiency and economic sustainability of tea processing under IoT applications. Identify Issues with the existing technological improvement and challenges. Propose feasible autonomous applications according to the financial ability of the Sri Lankan Tea Industry. The research relies on both primary and secondary data. Factory visits provided observational data, and an expert opinion poll was undertaken among tea industry professionals in selected Sri Lankan companies active in the export market. The results of this study have significant policy implications for the tea industry and guide industry stakeholders on the potential of IoT applications to enhance productivity, reduce costs, and improve quality. The findings may be instrumental in guiding decision-making regarding IoT technology adoption and promoting economic sustainability in the Sri Lankan tea industry.