Business & Policy | News & Insights

BIZ TEAM EXPLORES TIE-UPS DEALS IN LANKA

Published: October 6, 2022
Author: DIGITAL MEDIA EXECUTIVE

The business community in India is very much interested in doing business with Sri Lanka, said the President of Dhronacharya Business Council of India M. Gunaseelan in Colombo. India had been a true friend of Sri Lanka from ancient times, he said at the National Chamber of Commerce of Sri Lanka after the conclusion of the business visit to Sri Lanka with the Dhronacharya International Business Council India. He said that the Indian business community now has positive sentiments towards Sri Lanka. “This is the reason for our delegation to be in Sri Lanka to explore the possibilities in the trade and investment aspects.”

Further Gunaseelan noted that his business Council will continue to bring more and more business delegations to Sri Lanka. The 18-member business delegation consisted of importers, exporters and potential investors from the industry mix of food & agricultural products, trading, textile manufacturers, auto component manufacturers, IT products and services, civil construction, building materials, electrical services, media equipment, and engineering institutions owners etc. There were more than 50 Sri Lankan business organizations that joined the B2B session with the intention of exploring business opportunities.

Addressing the business forum President of the NCCSL, NandikaBuddhipala appreciated the interest taken by the delegation and thanked the Indian government for the support extended during the most difficult time Sri Lanka is going through. He further stated, the Indian economy was opened in 1990s much later than Sri Lanka, however, managed to achieve a tremendous progress in attracting FDIs and increasing international trade discounting the fact that their ability to resort to home grown solutions being second most populous, fifth largest GDP and seventh largest country by area in the world. The National Chamber also acknowledged the support and the guidance extended by the Indian High Commission in Sri Lanka and Deputy High Commissioner of Sri Lanka in Chennai Dr.Venkateshwaren in organizing the delegation visit and the support extended by the Export Development Board of Sri Lanka.

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