• Rajasthan

    Cong 99
    BJP 73
    RLM 3
    OTH 24
  • Madhya Pradesh

    Cong 114
    BJP 109
    BSP 2
    OTH 5
  • Chhattisgarh

    Cong 68
    BJP 15
    JCC 7
    OTH 0
  • Telangana

    TRS-AIMIM 95
    TDP-Cong 21
    BJP 1
    OTH 2
  • Mizoram

    MNF 26
    Cong 5
    BJP 1
    OTH 8

* Total Tally Reflects Leads + Wins

India to invest $2 bln in Sri Lanka in next four years: Nirmala Sitharaman

By: | Published: September 27, 2016 8:47 PM

India will invest up to $2 billion in Sri Lanka over the next four years in a range of sectors including real estate, energy and infrastructure, its Commerce and Industry Minister Nirmala Sitharaman said on Tuesday.

India will invest up to  billion in Sri Lanka over the next four years in a range of sectors including real estate, energy and infrastructure, its Commerce and Industry Minister Nirmala Sitharaman said on Tuesday. (PTI)India will invest up to billion in Sri Lanka over the next four years in a range of sectors including real estate, energy and infrastructure, its Commerce and Industry Minister Nirmala Sitharaman said on Tuesday. (PTI)

India will invest up to $2 billion in Sri Lanka over the next four years in a range of sectors including real estate, energy and infrastructure, its Commerce and Industry Minister Nirmala Sitharaman said on Tuesday. India is Sri Lanka’s largest trading partner and the South Asian neighbours are considering a broader trade agreement as President Maithripala Sirisena’s government tilts towards New Delhi after his predecessor pursued a pro-China policy.

“In the next two to four years, the total investment interests will rise to $2 billion,” Sitharaman told reporters in Colombo at the end of her visit.
“India has investment interests in a wide range of areas.”

Her visit comes as China, India’s regional rival, presses ahead with a $1.4 billion real estate project next to Colombo’s main port after the Sirisena government, in power since January 2015, briefly suspended it over suspected irregularities.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition