A special roundtable discussion with leading Indian investors took place recently in New Delhi under the patronage of Industries Minister Sunil Handunnetti, who is currently on an official visit to India.

The Federation of Indian Chambers of Commerce and Industry (FICCI) organised the discussion, which brought together FICCI Chairman Devin Narang, numerous representatives from top Indian companies, and the High Commissioner of Sri Lanka to India.

The new government removed bureaucratic obstacles faced by entrepreneurs, the Industries Minister emphasised during the meeting.

The time previously required to establish a business decreased significantly to create an investment-friendly environment, and the current administration stands ready to provide full state support for initiating business activities smoothly without any hindrances, the minister assured the Indian investors.

Massive potential exists for Indian entrepreneurs to invest in the Sri Lankan industrial sector, the minister further stated, noting that Sri Lanka established strong political stability while corruption and fraud face rapid eradication, thereby creating a transparent and secure investment environment.

This highly successful roundtable discussion provides a strong foundation to attract numerous new foreign investments to Sri Lanka in the future and steer the national economy onto a new path, the Ministry of Industries expressed optimism.