Indo Lanka Chamber of Commerce and Industry holds 16th AGM

The Sixteenth Annual General Meeting (AGM) of the Indo Lanka Chamber of Commerce & Industry (ILCCI) was held recently at Taj Samudra, Colombo.

Speaking at the occasion, chief guest Indian High Commissioner Santosh Jha stated, “India stands as Sri Lanka’s largest source of tourism, its principal trade partner and the foremost contributor to foreign direct investment.” 

He further highlighted the importance of not just capitalising on short-term opportunities but also focusing on medium and long-term investments that will drive mutual growth for both countries.

At the proceedings of the 16th AGM, M. Raghuraman was re-elected as President of the ILCCI. 

Addressing the membership at the AGM, he stated, “Sri Lanka is fortunate to have India as a steadfast partner, especially during our darkest hours when India disbursed US $ 4 billion in emergency assistance, along with vital food and medicine support. This unwavering commitment for Sri Lanka has been instrumental in helping us navigate through challenging times.”

Carson Management Services Director Krishna Selvanathan and TATA Communications Lanka Ltd CEO Ashish Dubey were re-elected as Vice Presidents of the ILCCI. South Asia Gateway Terminals CEO Romesh David remains as Immediate Past President.

The current committee of ILCCI comprises Hemas Holdings PLC, Indian Bank, John Keells Holdings PLC, Lanka IOC PLC, MAC Holdings (Pvt.) Ltd, PGP Glass Ceylon PLC, Sunshine Holdings PLC, TAL Lanka Hotels PLC along with Desamanya Mano Selvanathan as Founder President of the Indo Lanka Chamber of Commerce and Industry, Counselor Commercial and Economic of the High Commission of India as the invitees.

The ILCCI is a registered entity under the Companies Act No.7 with the Registrar of Companies and the Ceylon Chamber of Commerce functions as the Secretariat of the ILCCI.