Mon, 16 May 2022 Today's Paper

EDB organises webinar on market opportunities in India for Lankan electrical sector exporters

27 March 2021 12:43 am - 0     - {{hitsCtrl.values.hits}}

A A A

The Sri Lanka Export Development Board (EDB) in association with the Sri Lanka High Commission in India organised a webinar to promote matchmaking and market-entry opportunities between the Indian and Sri Lankan electronic and electrical manufactures, with the assistance of the All India Electronics Association (AIEA), recently.


The online event was focused on achieving synergies between the electronic and electrical industries of both countries.


The AIEA was established in 1935 and it is one of the leading industry associations representing the Indian electronic industry, having offices in Chennai, Mumbai, Delhi and Kolkata, with a membership of around 2500 companies across India. 


Speaking on behalf of the association, President Mitesh Mody remarked that India is now on the path of becoming a major international manufacturing hub for electronic and electrical products and systems and soon they intend to become entirely export driven from production of electronic and electrical components to finished good. 

He pointed out that the Indian electronic and electrical industry would soon explore opportunities to establish additional manufacturing units in neighbouring countries. 


Sharing his insights on the dynamics of the electronic and electrical sectors in the two nations, AIEA Vice President Nayan Parekh also explained the potential for partnerships and joint ventures between India and Sri Lanka, on low-volume, high-precision electronic products such as Internet of things (IOT) devices, airbag safety connectors and industrial automation projects. 


Parekh lamented that the benefits offered by the Indo-Sri Lanka FTA have not been satisfactorily exploited by the industries of the two countries. 


Sri Lanka Electronic Manufacturers and Exporters Association President Manjulal Waas, who spoke on behalf of Sri Lankan electronic and electrical sector at the occasion, said they are looking for collaborations in niche areas with their Indian counterparts to satisfy the demand of India. 


He also said that Sri Lanka can be used as a transshipment hub for further value addition activities by using the facilities available in the country. 


EDB Assistant Director Export Services Akila Zoysa provided an overview of the Sri Lankan electronic and electrical sector to the participants of the online seminar. 


Sri Lanka High Commission in India Minister Commercial Upekkha Samaratunga pledged the fullest support and assistance of the High Commission to the members of the AIEA to forge business ties and partnerships with their Sri Lankan counterparts.


The members of the AIEA were briefed on investment opportunities in Sri Lanka and incentives available for foreign investors by BOI Deputy Director Investment Promotion Mohamed Hafeel Casseer.


“Sri Lanka has a highly skilled, versatile and cost-competitive workforce supported by a robust education system with 15 state universities producing 30,000 graduates per year,” he noted.


He also described the lucrative tax benefits and facilities in the BOI Free Trade Zones to the representatives of Indian electronic companies.


The webinar was well-attended by around 70 participants representing the electronic and electrical manufacturers in India and Sri Lanka. The EDB is hoping to organise a series of B2B sessions for Sri Lankan electronic and electrical sector companies with interested Indian companies in the near future for the betterment of the Sri Lankan electronics and electrical sector.    

 

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


The Three Universal Truths in Buddhism

Buddhism is a moral and philosophical system, which expounds a unique path of

After night of terror, activists accuse government of smokescreening

On May 9, 2022, several hours before former Prime Minister Mahinda Rajapaksa

RECOVERY OF STOLEN ASSETS – Part I

The “#gotagohome” campaign that started a few weeks back demanding the Pr

‘GotaGoGama’ rises through ashes after Monday’s nightmare

A half burned down tent standing on plastic pillars, heaps of rubble from the