The Ceylon Chamber of Commerce, in partnership with the Confederation of Indian Industry (CII), organised the India–Sri Lanka Business Forum titled “Partnering in Sri Lanka’s Growth and Investment”, along with the CII–Ceylon Chamber CEOs Interaction, held in Mumbai on 13 May 2026. The events brought together senior government officials, policymakers, industry leaders, and business representatives from both countries to deepen economic ties and explore new avenues of cooperation across key sectors.
The discussions reflected growing optimism in India–Sri Lanka economic relations, with a strong focus on expanding collaboration in trade, investment, connectivity, tourism, renewable energy, logistics, digital transformation, infrastructure, healthcare, education, manufacturing, and technology.
Participants included High Commissioner of Sri Lanka to India Mahishini Colonne; Senior Economic Advisor to the President Duminda Hulangamuwa; Government of Maharashtra Protocol and FDI Chief of Protocol Rajesh Ravindra Gawande; Consul General of Sri Lanka in Mumbai Priyanga Wickramasinghe; and business leaders including Krishan Balendra, Anurag Agarwal, Vishal Kamat, Bingumal Thewarathanthti, Vinod Hirdaramani, and Shiran Fernando.
Welcoming delegates, Anurag Agarwal highlighted the strengthening momentum in India–Sri Lanka economic relations and the growing role of future-oriented sectors in driving bilateral cooperation.
He noted that both countries are entering a new phase of economic collaboration, where connectivity, investment, innovation, and sustainable partnerships are creating new opportunities for shared growth. He further emphasised strong potential in sectors such as renewable energy, tourism, ICT, logistics, digital services, healthcare, manufacturing, education, and infrastructure.
He also pointed to improved maritime links, ferry services, air connectivity, and digital payment integration as key enablers of smoother trade and stronger regional commerce, reaffirming CII’s commitment to supporting deeper business engagement and investment partnerships between the two countries.
Addressing the forum, High Commissioner Mahishini Colonne said the sectors discussed—including renewable energy, infrastructure, technology, tourism, financial services, logistics, manufacturing, and digital innovation—represent the next phase of India–Sri Lanka economic cooperation.
She added that the focus is not only on increasing trade volumes, but also on building long-term partnerships, joint ventures, regional value chains, technology collaboration, skills development, and stronger private-sector linkages between the two countries.
Ambeon Group Posts Strong FY2025/26 Performance with PAT Exceeding LKR 3.2 Billion
Ambeon Capital PLC (AMC), the principal investment holding company of the Ambeon Group, has reported a strong financial performance for the year ended 31 March 2026 (FY2025/26), posting a consolidated Profit After Tax (PAT) of LKR 3,242 million. This represents a significant year-on-year growth of 104%, marking one of the Group’s most successful years to date.
The Group recorded consolidated revenue of LKR 19 billion, up 12% compared to the previous year. This growth was supported by steady performance across core business segments, improved operational efficiency, disciplined cost control, and strategic portfolio optimisation.
Commenting on the results, Chairman Sujeewa Mudalige stated that the performance reflects the strength of Ambeon Capital PLC as a central investment platform, driven by disciplined execution, clear strategy, and prudent financial management that continues to unlock value across the Group’s portfolio.
Ambeon Holdings PLC, the Group’s main operating subsidiary, remained the key contributor to operational performance. With a diversified portfolio spanning IT, real estate, treasury operations, and strategic investments, it recorded a PAT of LKR 3,322 million, reflecting a 64% year-on-year increase and reinforcing the strength of its multi-sector business model.
Strategic investments continued to play a major role in profitability, contributing LKR 2,425 million to overall earnings. This was driven by equity investments in institutions such as DFCC Bank PLC and Seylan Bank PLC, alongside a broader portfolio of listed and unlisted assets.
Group Chief Executive Officer and Executive Director Sajeeva Narangoda noted that the results demonstrate the resilience and adaptability of the Group’s diversified portfolio despite global and local economic uncertainties. He added that strong execution, disciplined risk management, and proactive capital allocation have enabled a meaningful step-up in profitability, positioning the Group for continued long-term growth.
India–Sri Lanka Business Forum Highlights Strong New Momentum in Trade, Investment and Connectivity
