Monday, 19 August 2019 05:40

Prime Minister pays a tribute to India for continued confidence on Lanka

Prime Minister Ranil Wickremesinghe paid a tribute to Indian leadership for continued confidence in the government and support to Sri Lanka.

He also mentioned the substantial opportunities that exist for industrial collaboration between Indian and Sri Lankan companies given the complementarities.

The Prime Minister was peaking as the chief at the opening ceremony of Sri Lanka’s first vehicle assembly plant built by Mahindra Ideal Lanka (Pvt.) Ltd in Mathugama.

Mahindra Ideal Lanka (Pvt.) Ltd. is a joint venture between Mahindra & Mahindra of India and Ideal Motors of Sri Lanka.

Indian High Commissioner Taranjit Singh Sandhu in his address noted that the state-of-the-art manufacturing plant set up in Kalutara by the India-Sri Lanka joint venture is a reflection of what India and Sri Lanka can achieve together collectively.

He added that the Plant symbolises the promotion of ‘Make in Sri Lanka’ alongside ‘Make in India.’

High Commissioner pointed out that it also demonstrated the commitment of Indian companies to stand with Sri Lanka during difficult times.

The Plant primarily caters to the local market. It will create local jobs; bring in investments as well as technology innovation and skill sets. It will contribute to the overall growth of the Sri Lankan economy.

Charitha Ratwatte, Advisor to Prime Minister; Chairman, Board of Investment, Mangala Yapa; senior officials,. Nalin Welgama, Chairman, Ideal Group of companies; and Dr. Pavan Goenka, Managing Director, Mahindra & Mahindra Ltd and several other dignitaries attended the inaugural event.

(LI)

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