Sri Lanka

Electric Vehicles

Electric One to Form Joint Venture with Sri Lanka for Global Expansion

Opportunity India Desk Jan 21 2023 - 3 min read

Gurugram based EV selling chain, Electric One, on today signed Memorandum of Understanding with former Sri Lankan Cricketer, Politician and Businessman, Arjuna Ranatunga for entering Sri Lankan two wheeler market. As a result of this, both Arjuna Ranatunga and Electric One have formed a joined venture — Electric One Lanka Pvt. Ltd—to cater the Sri Lankan ...

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Economy

Failing Foresight: Falling Lanka

Dr. Manoj Joshi/Deepmalya Datta Aug 03 2022 - 5 min read

The year 2009 saw an end to the prolonged civil war in Sri Lanka and ushered in a dawn of new horizons of economic prosperity. In the decade that followed, it consistently demonstrated a prolific growth rate amongst its neighbouring nations. This was a welcome change across the diaspora of stakeholders after a period of ...

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New India

Lanka Crisis Opportunity For Indian Tea Industry

Priyanka Tanwer May 20 2022 - 4 min read

Severe economic crisis in Sri Lanka, a major player in the global tea market, has not been able to export tea from some time. This has created an opportunity for Indian tea industry to tap the untouched international market. The tea traders of North Bengal believe that the present condition in Sri Lanka can create ...

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PVR

PVR Cinemas launches its 1st global multiplex in Sri Lanka

Vaishnavi Gupta Nov 11 2019 - 1 min read

PVR Cinemas, the largest film exhibition company in India, has ventured into the global market by launching its first multiplex in Sri Lanka. Situated at One Galle Face Mall in Colombo, the multiplex chain has launched the nine-screen property in collaboration with the Shangri La Group. Ajay Bijli, Chairman and Managing Director, PVR Ltd, said, ...

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Oyo Rooms

OYO forays into Sri Lanka

Franchise India Bureau Dec 14 2018 - 1 min read

As part of its expansion plan in the South Asian market, Hospitality firm OYO has forayed into Sri Lanka. Presently, the company is present in seven countries including India, China, Indonesia, Malaysia, Nepal, the UK and UAE. The sources aware of the development said, "The company launched operations in Colombo, Sri Lanka, earlier last month ...

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