India assists in holding the first International Tech Summit in Sri Lanka’s Northern Province - Opportunity Sri Lanka
India assists in holding the first International Tech Summit in Sri Lanka’s Northern Province

India assists in holding the first International Tech Summit in Sri Lanka’s Northern Province

The Indian High Commission in Colombo has reportedly announced that the Consul General of India, Jaffna has organized the first ever International Tech Summit -NE(X)TWORK-2020 with part funding in Sri Lanka’s Northern Province.
The event had taken place at the Tilko City Hotel in Jaffna from February 14 to 16, 2020, in collaboration with the Rotary Club of Jaffna and the Northern Chamber of Information Technology (NCIT). Several others including Sri Lanka’s Department of Industries in the Northern Province had supported the event.
According to local media reports, Consul General S. Balachandran, Members of Parliament E. Saravanapavan, Angajan Ramanathan and the Jaffna Mayor jointly inaugurated the Summit.
Over 500 people had attended the inaugural function and there were eight Indian companies viz. Bloque Labs Pvt. Ltd., Agnito Insights, Compunet Connections, Humanware Technology Pvt. Ltd., Otomatiks Robotics Academy, Tejus, Venba Venture Pvt. Ltd., and Excel Engineering, while 10 Indian delegates had participated in the Summit.
Also, 25 local companies including seven from outside Jaffna had also taken part in the summit.
During the three day summit, over 1,500 people including members of the CCIY (Chamber of Commerce and Industries of Yaalpanam), IT professionals and students from the Northern Province interacted with the companies, a news release on the event has stated.

OSL take:

Sri Lanka and India enjoy strong bilateral and trade ties and the latter’s support towards the development of ICT in Sri Lanka’s Northern Province is indicative of the opening up of a new market for business. Sri Lanka’s Northern Province is an up and coming business destination in the country. The province has a regional airport as well as a port that would add to the attraction of the area as a business destination. Foreign businesses/investors could therefore explore business opportunities in Sri Lanka’s Northern Province.

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Article Code : VBS/AT/26022020/Z_7

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