VIDEO: Sri Lanka at the brink of ‘inevitable 10pct growth rate’ – Anand Mahindra
August 19, 2010 01:54 pm
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’.
