CCC and partners to host webinar on Indian investment

Saturday, 9 May 2020 00:02 - - {{hitsCtrl.values.hits}}

Top business leaders and Indian companies from a variety of sectors already on board to find JV and other investment opportunities

The Ceylon Chamber of Commerce (CCC), in association with the Associated Chambers of Commerce and Industry of India (ASSOCHAM), Sri Lanka High Commission in New Delhi, India, and the Indian High Commission in Sri Lanka, is organising a webinar to explore business opportunities in India.

The webinar is titled ‘Sri Lanka and India Current Economy, Business Environment and Opportunities for Joint Collaborations’ and will be held on 15 May at 11 a.m.

The webinar is open for Sri Lankan and Indian businesses to network and collaborate. Two eminent business leaders – Sunshine Holdings PLC Group Managing Director and CCC Deputy Chairman Vish Govindasamy and COSMOS Group President and ASSOCHAM India Past President Anil K. Agrawal – will be presenting business environment and opportunities for joint collaborations.

The Associated Chambers of Commerce and Industry of India is one of the apex trade associations of India established in 1920 with a strong membership of over 450,000 businesses in India. The organisation represents the interests of trade and commerce in India, and acts as an interface between issues and initiatives.

CCC Chief Economist Shiran Fernando and Research and Information System for Developing Countries (RIS) India’s ASEAN-India Centre (AIC) Head Prof. Prabir De will share on the current economy in Sri Lanka and India. AIC was inaugurated by the External Affairs Ministry of the Government of India in 2013 to serve as a resource centre for ASEAN Member States and India to fill the knowledge gaps that currently limit the opportunities for cooperation.

High Commission of India in Sri Lanka Head of Economic and Commercial Wing Suja K. Menon will also address the webinar.

Participants from both countries will be provided an opportunity to join the virtual B-2-B meetings scheduled to be organised shortly. India with its 1.3 billion population is the key market for Sri Lankan companies to expand business activities under the Indo-Lanka Free Trade Agreement, which provides duty free access to over 4,000 items to enter the Indian market.

Indian participants representing several sectors have already registered to join the webinar to identify potential counterpart businesses in Sri Lanka. Some of the key sectors cover automotive – commercial vehicle exports, chemicals, construction, consultancy services such as management, infrastructure, consumer durables, consumer electronics, electronics, education, engineering, export of value added spice, herbs, decaffeinated tea and natural caffeine, exports and imports, food processing, flour milling, garments, global trade and technology transfer, hotels, insurance services, legal services, micro finance, milk products, new age armoured vehicle seating, semiconductors, solar energy power plants and systems, textile accessories, water and wastewater treatment, and water supply projects.

Participants could join the webinar online from https://events.chamber.lk.