Indian Envoy Emphasises India-Sri Lanka Ties
ECONOMY & POLICY

Indian Envoy Emphasises India-Sri Lanka Ties

The Indian High Commissioner to Sri Lanka has underscored the special relationship between India and Sri Lanka's Eastern Province. This emphasis on bilateral ties reflects the importance of fostering cooperation and collaboration between the two neighbouring nations.

India and Sri Lanka share a deep historical, cultural, and economic bond, with the Eastern Province serving as a significant focal point for their relationship. The envoy's remarks highlight India's commitment to strengthening ties with Sri Lanka and promoting mutual prosperity and development in the region.

The Eastern Province of Sri Lanka holds strategic significance due to its proximity to India and its potential for economic growth and connectivity. India's engagement with the province aims to enhance bilateral trade, investment, and people-to-people exchanges, contributing to regional stability and prosperity.

In recent years, India has undertaken various development projects in the Eastern Province, including infrastructure development, capacity building initiatives, and socio-economic empowerment programs. These efforts aim to support the province's socio-economic development and improve the livelihoods of its residents.

Furthermore, India's assistance to Sri Lanka's Eastern Province extends to areas such as renewable energy, agriculture, education, and healthcare. Through these collaborative endeavours, India seeks to contribute to the province's sustainable development and foster inclusive growth.

The envoy's emphasis on the special relationship between India and Sri Lanka's Eastern Province reaffirms the importance of bilateral cooperation in advancing shared objectives and addressing common challenges. As both countries continue to strengthen their ties, the partnership between India and Sri Lanka's Eastern Province is poised to play a pivotal role in promoting peace, stability, and prosperity in the region.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

The Indian High Commissioner to Sri Lanka has underscored the special relationship between India and Sri Lanka's Eastern Province. This emphasis on bilateral ties reflects the importance of fostering cooperation and collaboration between the two neighbouring nations. India and Sri Lanka share a deep historical, cultural, and economic bond, with the Eastern Province serving as a significant focal point for their relationship. The envoy's remarks highlight India's commitment to strengthening ties with Sri Lanka and promoting mutual prosperity and development in the region. The Eastern Province of Sri Lanka holds strategic significance due to its proximity to India and its potential for economic growth and connectivity. India's engagement with the province aims to enhance bilateral trade, investment, and people-to-people exchanges, contributing to regional stability and prosperity. In recent years, India has undertaken various development projects in the Eastern Province, including infrastructure development, capacity building initiatives, and socio-economic empowerment programs. These efforts aim to support the province's socio-economic development and improve the livelihoods of its residents. Furthermore, India's assistance to Sri Lanka's Eastern Province extends to areas such as renewable energy, agriculture, education, and healthcare. Through these collaborative endeavours, India seeks to contribute to the province's sustainable development and foster inclusive growth. The envoy's emphasis on the special relationship between India and Sri Lanka's Eastern Province reaffirms the importance of bilateral cooperation in advancing shared objectives and addressing common challenges. As both countries continue to strengthen their ties, the partnership between India and Sri Lanka's Eastern Province is poised to play a pivotal role in promoting peace, stability, and prosperity in the region.

Next Story
Infrastructure Urban

Awfis Expands Presence in GIFT City

Awfis has announced the leasing of a 30,221 sq ft co-working center in Gujarat International Finance Tec-City (GIFT City), located in Gandhinagar. This strategic move enhances Awfis’s footprint in Ahmedabad, bringing its total built-up area in the city to approximately 83,500 sq ft. Amit Ramani, the chairman and managing director of Awfis, emphasized the company's ambitious expansion strategy. Awfis plans to add 40,000 new seats in the fiscal year 2025, aiming to reach a total capacity of 135,000 seats by the end of that period. This significant growth reflects the increasing demand for fle..

Next Story
Real Estate

Domestic Firms Driving Indian Office Market Growth

The Indian office market is undergoing a significant transformation, with domestic companies projected to lease 60-65 million square feet of office space between 2024 and 2025, as reported by CBRE. This shift marks a departure from the historical reliance on global corporations, particularly those from the United States. Over the past two years, domestic firms have seen a remarkable 60% increase in office space absorption compared to the pre-pandemic period (2018-2019). They now account for nearly 47% of overall office leasing activity, with Delhi-NCR leading, followed by Bengaluru and Mumbai..

Next Story
Infrastructure Urban

L&G Sells CALA Group for £1.35 Billion

Legal & General (L&G) has sold its UK housebuilder, CALA Group, for £1.35 billion ($1.78 billion) to an acquisition vehicle led by U.S. firm Sixth Street Partners. This sale aligns with L&G's strategy to streamline its portfolio and concentrate on core businesses. The transaction will provide L&G with £1.16 billion in cash, with £500 million paid at closing and the rest deferred over five years. The deal, expected to complete in Q4, reflects the shifting dynamics of the UK housing market, where annual house price growth has slowed. L&G shares have faced a decline, trading 2.9% lower amid a..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000