header logo
SLIC
Rhythms of Lanka
Latest
VIDEO: Sri Lanka at the brink of ‘inevitable 10pct growth rate’ – Anand Mahindra
Aug 19, 201001:54 PM
VIDEO: Sri Lanka at the brink of ‘inevitable 10pct growth rate’ – Anand Mahindra
Mobitel inner 1278

We are looking to invest in a variety of sectors not just tourism or financial service, maybe in all ten sectors we operate in, Vice Chairman and Managing Director of Mahindra and Mahindra Ltd. Anand Mahindra told in an exclusive interview with Ada Derana.

 

 

 

At a press conference the $7.1 bn Mahindra Group, one of India’s leading business houses revealed its plans to launch new models to augment its presence in the automobile market in Sri Lanka.

 

Its charismatic Vice Chairman who made a two day visit ending yesterday to Sri Lanka, took time to sit down with adaderana.lk for a casual yet exceedingly honest chat. During the interview Mahindra expressed his confidence in the now booming Sri Lankan economy.

 

There is a ‘can do’ spirit in Sri Lanka right now, a sense of putting history, pain behind and live out the collective destiny. With a 20 million population with such a high literacy rate Sri Lanka has a substantial consumer opportunity, he said.

 

Mahindra stated positively that all his meetings with the government especially Dept. Minister Sarath Amunugama, Minister Basil Rajapakse and President Mahinda Rajapaksa were fruitful terming them aligned and consistent in vision.

 

Every one of the meetings resulted in practical discussions on real opportunities not just expressions of love, brotherhood and walking into the sunset forever, he quipped

 

He also added that Mahindra and Mahindra hope to benefit from the ‘inevitable double digit growth in Sri Lanka’.



 

 

 

MostRead
Mobitel 1278
VideoStories
Bank officials nabbed over US$ 1B Undiyal scheme; Court hears how dollars were transferred overseas

Bank officials nabbed over US$ 1B Undiyal scheme; Court hears how dollars were transferred overseas

 Search continues for missing sailor at Angulana coast for third day; Vessel recovery also delayed

Search continues for missing sailor at Angulana coast for third day; Vessel recovery also delayed

 “Call an election soon or popularity could fall further” Opposition on Govt.’s falling popularity

“Call an election soon or popularity could fall further” Opposition on Govt.’s falling popularity

Don’t be arrogant. Pay attention to the concerns raised by Chief Prelates” — Sajith tells Govt.

Don’t be arrogant. Pay attention to the concerns raised by Chief Prelates” — Sajith tells Govt.

 Can India and Pakistan find common ground ? - Pakistan High Commissioner in Colombo on Hyde Park

Can India and Pakistan find common ground ? - Pakistan High Commissioner in Colombo on Hyde Park

 Sri Lanka Navy vessel located on seabed off Angulana after hours-long search by specialist divers

Sri Lanka Navy vessel located on seabed off Angulana after hours-long search by specialist divers

 Sri Lanka Entrepreneurs Night 2026 held in Melbourne; Australia-based Lankans urged to invest in SL

Sri Lanka Entrepreneurs Night 2026 held in Melbourne; Australia-based Lankans urged to invest in SL

 Warm weather advisory issued for several districts; Drought ravages farmlands across the county

Warm weather advisory issued for several districts; Drought ravages farmlands across the county

 72-hour detention order issued against drug trafficker Shiran Basik

72-hour detention order issued against drug trafficker Shiran Basik

 Govt plans to push country towards authoritarianism – Opposition Leader

Govt plans to push country towards authoritarianism – Opposition Leader

 Sri Lanka Navy vessel in distress off Angulana; 11 personnel rescued

Sri Lanka Navy vessel in distress off Angulana; 11 personnel rescued

 Doctors advise public to stay hydrated amid extreme heat in Sri Lanka

Doctors advise public to stay hydrated amid extreme heat in Sri Lanka

Two including mother arrested for brutal assault and abandoning 4-year-old girl on roadside

Two including mother arrested for brutal assault and abandoning 4-year-old girl on roadside

Several politicians express views regarding proposed 22nd Constitutional Amendment

Several politicians express views regarding proposed 22nd Constitutional Amendment

“Justice must never bow to wealth or any influence”  - Additional Solicitor General Dileepa Peiris

“Justice must never bow to wealth or any influence” - Additional Solicitor General Dileepa Peiris

Lassana Flora