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India to increase investments in Sri Lanka

19 Jul 2022 , 10:42 AM

After providing $3.8 billion in aid to its neighboring Sri Lanka this year, India is ready to invest additional money there, the Indian Express newspaper was informed by New Delhi’s representative in Colombo.

Gopal Baglay, the high commissioner of India to Sri Lanka, stated that the plan was to accommodate the island nation’s demands for assistance in resolving their foreign exchange issue. We would like to continue bringing in additional investment because it would assist the Sri Lankan economy to develop medium- and long-term ability to respond.

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  • economy
  • India
  • news
  • Srilanka
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