Continuing his discussions with senior Indian private sector figures, Sri Lanka's High Commissioner to India Milinda Moragoda held a meeting today (6) in New Delhi with the President of The Federation of Indian Chambers of Commerce and Industry (FICCI) Subhrakant Panda. Mr. Panda, who is also the Managing Director of Indian Metals & Ferro Alloys Ltd (IMFA), India's foremost fully integrated producer of value-added ferro chrome, engaged in a fruitful discussion with High Commissioner Moragoda.
Mr. Panda and the High Commissioner of Sri Lanka discussed a range of issues pertaining to possible cooperation between FICCI, Trade Chambers in Sri Lanka and the Sri Lanka High Commission. The High Commissioner provided Mr. Panda with an update on the assistance provided by the Indian Government during the economic crisis. Moreover, he underscored Sri Lanka's current state of readiness to embrace large-scale investments from India. Mr. Panda shared valuable insights into FICCI's rich history spanning 96 years, highlighting its vast network that encompasses not only India's largest companies but also small and medium-size enterprises (SMEs).
Both parties recognized the significance of targeted sector-specific investments, aiming for greater integration with the Indian economy. It was agreed to engage with Sri Lankan trade chambers and the High Commission of Sri Lanka in New Delhi to take this initiative forward.
Secretary General of FICCI Shailesh Pathak and Assistant Secretary General Dr. Gunveena Chadhawere also present at the meeting. High Commissioner Moragoda was accompanied by Minister Counsellor Gamini Sarath Godakanda and First Secretary (Commercial) Geshan Dissanayake.
High Commission of Sri Lanka
New Delhi
07 July 2023
