President meets with Indian CEO Forum Board Members

Sanjay Baid, Anurag Sharma, Kishore Reddy, President Wickremesinghe, TS Prakash, Manoj Gupta, Hari Krishna

Indian CEO Forum Board Members met with Chairman His Excellency Ranil Wickremasinghe and had a very cordial and fruitful discussion on the Sri Lankan economy, overcoming the current challenges of businesses operating in Sri Lanka and the way forward for investments in IT, Education, Manufacturing, Hospitality, Tourism as well as Logistics considering the perfect location of the island. The council also briefed the chairman on the progress and development of current projects and the challenges faced by Indian companies. The discussion also focused on strengthening bilateral relations between India and Sri Lanka. The president also mentioned the creation of a special office to coordinate and move things forward.

The Indian CEO Forum – Sri Lanka (ICF) is a registered body whose membership consists of Indian investments in Sri Lanka, Indian CEOs of Multinational Corporations (MNCs) and Sri Lankan companies. It currently has 71 members who help provide gainful employment to thousands of people, provide top-notch management, technical skills and contribute substantially to Sri Lanka’s foreign exchange earnings. Members have made significant contribution and support to the Sri Lankan economy through bringing substantial investment into the country, export earnings, job creation and contribution to the treasury through direct and indirect taxes, and build the brand of Sri Lanka in the outside world and make a significant contribution to the local economy.

The objectives of the ICF are to promote economic growth in Sri Lanka through Indian investment, to preserve and enhance existing economic cooperation, to foster new economic ties between India and Sri Lanka and to provide a forum open to business leaders of Indian origin employed by Indian multinationals. and Sri Lankan professional organizations in Sri Lanka. ICF strives to introduce investment opportunities in Sri Lanka to potential new investments from India.