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| Tuesday, 1 January 2002 |
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Chamber of Small Industry delegation off to India The Sri Lanka Chamber of Small Industry is organising a 20-member trade mission to India scheduled for early March with the co-operation of the Economic and Commercial Division of the Indian High Commission in Colombo. The purpose of the mission is to find counterparts for joint ventures, establish markets for Sri Lankan products and seek avenues for the import of raw material and machinery, Aloy R. Jayewardene, President of the Chamber said yesterday. The Bombay Chamber of Commerce and Industry along with the Indian Merchants Chamber in Mumbai have arranged a 3 day program. Discussion between buyers and sellers, for the purchase of raw materials and machinery, export of local products and joint venture programmes are listed. Factory visits and discussions with funding institutions of small and medium industry are on the cards. The Industries Commissioner of the Government of Gujarat has arranged for the Sri Lanka mission meeting with members of the Gujarat Chamber of Commerce and Industry through Industrial Extension Bureau, the nodal agency for Promoting Investment and International Trade in Gujarat. They have arranged meetings with Hon'ble Chief Minister of Gujarat and the Hon'ble Minister of Industries and also with Senior Officials of the State Industries Administration. In Delhi, the Confederation of Indian Industry will take care of the delegation. They will arrange suitable programmes such as meetings with their members and Plan visits. They have organised a sight seeing visit to Agra - Taj Mahal, one of the Seven Wonders of the World. "With the important issue in our nation today, that of the National Ethnic Conflict in the fore front and with both major political parties committed to a negotiated end to the conflict, the opportunity, thrust upon them to work together to implement a negotiated solution, has given the Chamber of Small Industry the courage to promote this mission to our neighbour. With a solution in view, the Indian Industrialists would give a more favourable look towards investment in Sri Lanka. "The mission has indicated to the respective Chambers the areas of their interests for joint ventures, some of which are automotive spares, furniture, glass products, steel fabrication, electrical pole hardware, motor cycle seats, assembly of computers and spares and aluminium fabrication. The mission will also look into marketing opportunities for production in India such as steel furniture, eletrical panal data communication enclosures, low voltage electrical switch boards, wooden furniture and look for Indian manufacturers of machinery and raw materials," Aloy Jayewardene said. The feed back has been encouraging from the respective Chambers and the Chamber is confident that the mission would return with completed programmes for implementation" he added. |
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