TANSTIA delegation visits Sri Lanka

A delegation from Tamilnadu Small and Tiny Industries Association (TANSTIA) visited Sri Lanka from January 23 to 27. TANSTIA is the apex body of small-scale and micro industries in Tamilnadu recognized both by state and central Governments. TANSTIA is collectively representing the interests and serving this sector since the year 1956. All the district, industrial estate and product wise associations are affiliated to TANSTIA.

The delegation had a fruitful discussion with the President and the senior officials of FCCISL on January 26 at the FCCISL. The delegation comprised more than 20 companies representing several products and services such as automobile components, rubber products, tourism, wood products, printing, wire products, material handling equipment, air conditioners, engineering services, convey services and industrial sheet metal works. During the discussion, they showed the interest in investing in Sri Lanka to benefit from the Indo-Sri Lanka Free Trade Agreement.

The outcome of a subsequent meeting Tissa Jayaweera had with Finance Deputy Minister Geethanjan Gunawardane on the possibility of allocating lands for these entrepreneurs for the establishment of industrial units in Sri Lanka was conveyed to the TANSTIA President and their response is awaited to arrange a meeting with the Minister for potential investors from India.