Indian companies are increasingly targeting Sri Lanka as a promising destination for overseas expansion, leveraging the island nation’s cultural affinity and geographic proximity. ITC Group CEO Sanjiv Puri highlighted the natural synergy between the two countries, amplified by India’s growing competitiveness, technological prowess, and evolving Free Trade Agreements (FTAs). Amid India’s rapid industrial revival—particularly in electronics and semiconductors—enterprises are ambitiously extending their footprint beyond domestic borders.
