Riding the Indian Wave: World’s fifth largest economy on Sri Lanka’s shores

Friday, 28 March 2025 00:08 - - {{hitsCtrl.values.hits}}

A conference titled ‘Riding the Indian Wave: World’s Fifth Largest Economy on Sri Lanka’s Shores’ was held yesterday at ITC Ratnadipa Hotel, Colombo.

This conference was hosted by Verité Research with the support of the Indian High Commission, Colombo and Hayleys Advantis.

The day-long conference in its three sessions explored how Sri Lanka can strategically leverage its proximity and connectivity to India – an emerging global economic powerhouse – to enhance exports, attract investments, and drive sustainable economic recovery.

Setting the stage, Indian Deputy High Commissioner Dr. Satyanjal Pandey delivered the welcome remarks, highlighting how India’s multi-sectoral advancements can contribute to regional prosperity. He underlined the ‘India Opportunity’ for Sri Lanka, particularly in the areas of technology, logistics, and skill development.

This was followed by the keynote address by Foreign Affairs and Foreign Employment Deputy Minister Arun Hemachandra, who emphasised the special bonds between India and Sri Lanka as a unique strength for Sri Lanka to ride the wave of India’s emergence. Proposing joint ventures as the way forward, he identified entrepreneurs and innovators to be leading this shared pathway.

The hybrid conference saw over 100 participants, including senior policymakers, industry leaders, economic experts, members of think tanks, and the media community from Sri Lanka and India.

The conference is another initiative by the Indian High Commission to encourage and promote conversations at Track 1.5 and Track 2 levels in order to further enrich the canvass of the India-Sri Lanka partnership, engage communities on both sides in formulating the future roadmap, and enhance mutual trust and goodwill between the people of the two countries.

– Pix by Ruwan Walpola

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