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Sri Lankan PM and Indian High Commissioner to Sri Lanka inaugurates Sri Lanka’s first vehicle assembly plant

Mr. Wickremesinghe in his address mentioned the substantial opportunities that exist for industrial collaboration between Indian and Sri Lankan companies given the complementarities. He also thanked the Indian leadership for continued confidence in and support to Sri Lanka.

High Commissioner in his address noted that the state-of-the-art manufacturing plant set up 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 and is a joint venture between Mahindra & Mahindra of India and Ideal Motors of Sri Lanka.

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.

 

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