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The Economic Times
The Economic Times
National

We are seeing momentum for Indian investment in Sri Lanka, lot of interest in hospitality, ports, logistics: Ceylon Chamber of Commerce Chairperson

Mumbai: Ceylon Chamber of Commerce Chairperson Krishan Balendra stated that Srilanka is looking to deepen and strengthen trade ties with India, emphasising the momentum in Indian investments and their interest in sectors like hospitality, ports and logistics.

"We see an opportunity now to deepen and strengthen the partnership. The Sri Lankan economy, where we saw a crisis in 2022, has recovered and stabilised, and we have seen a couple of years of good growth and all the macroeconomic indicators are now positive. We are also seeing momentum for Indian investment," he said on the sidelines of India-Sri Lanka Business Forum organised by CII in partnership with the Ceylon Chamber of Commerce.

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