header logo
Asia asset finance
Mogo Academy
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

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 Upahara
VideoStories
"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Lassana Flora