Sri Lanka seen ‘priority country’ for Indian industry

Dec 15, 2011 (LBO) – Sri Lanka is considered as a priority country for investment by Indian industry, the head of a visiting business mission from the Confederation of Indian Industry (CII) has told the island government. The 13-member CII mission’s main business interests were IT/BPO, auto components, metal and plastic products, electronic and engineering products, hydro power generation, real estate, financial services, educational services, tourism and agriculture, the Indian high commission said.

CII Vice President and executive Co-Chairman of Infosys Ltd. S Gopalakrishnan was quoted as telling Sri Lankan President Mahinda Rajapaksa during a meeting that Sri Lanka is a priority country for Indian industry.

Gopalakrishnan said that CII would partner with relevant institutions in Sri Lanka in capacity building and training of human resources at various Centres of Excellence run by CII, a statement said.

Gopalakrishnan offered to train 200 Sri Lankan students at Infosys training facilities at Mysore.

During the meeting with Basil Rajapaksa, Minister of Economic Development, the Indian delegation said CII would work closely with Sri Lanka to develop various investment proposals and disseminate the opp