The delegation of ‘South India Powerloom Federation’ successfully concludes the Business Visit to Sri Lanka

A delegation of ‘South India Powerloom Federation’, the confederation of weaving associations in Southern States, along with Dr. M. S. Mathivanan, the Chairman of the Federation, visited Sri Lanka on 22^nd November, 2021, under the invitation of Dr. D. Venkateshwaran, the Deputy High Commissioner of Sri Lanka for Southern India. As South India has the historical and largest contribution to the Powerloom industry in India, the objective of this visit was to strengthen business links between South India and Sri Lanka as well as to seek the opportunities to ‘Invest in Sri Lanka’ in Textile Industry. In this visit, the Delegation headed by Dr. Venkateshwaran met Hon. Basil Rajapaksha, Minister of Finance, Hon. Dayasiri Jayasekara, State Minister of batik, handloom, and local apparel products, Hon. Nalaka Godahewa, State Minister of urban development, Mr. Ajith Nivad Cabral, Governor of the Central Bank, Admiral Professor Jayanath Colombage, Foreign Secretary and Mr. Sanjaya Mohottala, Chairman, Board of Investment to discuss new avenues on developing Powerloom industry in Sri Lanka. Further, the delegation visited National Chamber of Commerce and Colombo Business Association together with Urban Development Authority, to discuss about trade and investment opportunities available in Sri Lanka, specifically in recently established Eravur Fabric Park, which led for several possible investment opportunities in Textile and Apparel Industry as the outcome.

Deputy High Commission of Sri Lanka
Chennai
30.11.2021