Promotion on Sri Lanka’s Trade and Investment in Telangana

Promotion on Sri Lanka’s Trade and Investment in Telangana

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The Sri Lanka Deputy High Commission in Chennai, as part of their ‘Economic Diplomacy Promotion of Sri Lanka in Southern India’ organized an event in Hyderabad on 23 October 2019 in association with the Federation of Telangana Chamber of Commerce & Industry (FTCCI).

At the seminar on ‘Trade and Investment opportunities in Sri Lanka’ organized by the FTCCI, Deputy High Commissioner V. Krishnamoorthy highlighted the potential opportunities available in Sri Lanka and stated that both sides could jointly engage in projects in IT and the pharmaceutical sector as Hyderabad is a major hub for these two sectors in the Southern India.   Minister Commercial Yasantha de Silva made a detailed presentation on trade and investment opportunities available in Sri Lanka for the Telangana entrepreneurs.  More than 75 FTCCI members participated at the event and have shown their interest to do business with Sri Lanka.

The Deputy High Commissioner was also invited as the Guest of Honour of the “Accelerate 2” program organized by the Global EXIM Institute in Hyderabad on 24 October 2019. He stated that Sri Lanka and India has maintained and continues to maintain a long-lasting bilateral relationship in all spheres and the Sri Lanka Deputy High Commission in Chennai will facilitate any work related to strengthening economic diplomacy between the two countries. The 150 participants at this event were also given a detailed insight on trade and investment opportunities available in Sri Lanka.

On 25 October 2019, Deputy High Commissioner Krishnamoorthy and Minister Commercial Yasantha de Silva also met with Director - Confederation of Indian Industry (CII) - Hyderabad Chapter, Senior Vice President - Federation of Telangana Chamber of Commerce & Industry, Director - Federation of Indian Export Organization and Director- Q-Mart Super Market and discussed the expansion of trade and investment between the two countries.

Sri Lanka Deputy High Commission
Chennai
01 November 2019
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