Basil kicks off India INVESTRADE 2014

Tuesday, 20 May 2014 00:03 - - {{hitsCtrl.values.hits}}

By Waruni Paranagamage ‘India INVESTREDE 2014,’ a three-day exposition and buyer-seller meet, was inaugurated at the BMICH yesterday by Economic Development Minister Basil Rajapaksa.

The event was organised by the India Chamber of Commerce and Industries and the Government of India with the support of the National Chamber of Commerce of Sri Lanka. ITD AGM (Mktg) K. Revathi, Rashtriya Isapat of Nigam Ltd., Indian High Commissioner in Sri Lanka Y.K Sinha also participated at the inauguration session. Parallel to the exhibition, the Indian Chamber of Commerce is organising a three-day conference and buyer-seller meeting on ‘Investment Opportunities in the Construction Sector of Sri Lanka,’ to be held today, 20 May, from 11 a.m. to 5 p.m. at the BMICH.

The focus sector of this program will be ‘Realty Construction and Construction Materials’. More than 50 exhibitors from India will take part in this exposition along with select exhibitors from Sri Lanka. Addressing the inauguration ceremony, National Chamber of Commerce President Sunil G. Wijesinha stated: “After the war period we are facing the challenge of infrastructure growth in Sri Lanka. Today Colombo is facing rapid change, compared to other countries, so this exhibition will be a valuable stage for firms in the areas of infrastructure, construction, urban infrastructure and building materials. It would also be a good opportunity to establish business cooperation between Sri Lanka and India.”

Founded in 1925, the Indian Chamber of Commerce (ICC) is the leading and only national chamber of commerce operating from Kolkata. It is a proactive and forward-looking chamber and its membership spans some of the most prominent and major industrial groups in India. ICC is the founder member of FICCI, the apex body of business and industry in India. ICC’s forte is its ability to anticipate the needs of the future, respond to challenges and prepare stakeholders in the economy to benefit from these changes and opportunities. Pix by Sameera Wijesinghe

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