High Commission of India
Colombo

PRESS RELEASE

Riding the Indian Wave: World’s Fifth Largest Economy on Sri Lanka’s Shores

A conference titled ‘Riding the Indian Wave: World’s Fifth Largest Economy on Sri Lanka’s Shores’ was held today at ITC Ratnadipa Hotel, Colombo. This conference was hosted by Verite Research with the support of High Commission of India, Colombo and Hayleys Advantis. 

2. 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. 

3. Setting the stage, Deputy High Commissioner of India to Sri Lanka, 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 areas of technology, logistics and skill development. 

4. This was followed with the keynote address by Hon. Arun Hemachandra, Deputy Minister of Foreign Affairs and Foreign Employment, 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.

5. The hybrid conference provided saw over a hundred participants, including senior policymakers, industry leaders, economic experts, members of think-tanks and media community from Sri Lanka and India.  The detailed agenda of the conference may be referred to at  https://www.veriteresearch.org/events-riding-the-indian-wave-regional-conference/

6. The conference is another initiative by High Commission of India 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 community on both sides in formulating the future roadmap and enhance mutual trust and goodwill between the people of the two countries. 

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Colombo

27 March 2025

Sinhala PR - Riding the Indian Wave World’s Fifth Largest Economy on Sri Lanka’s Shores