Business
Indian High Commissioner visits newly commissioned TVS plant in Horana
The High Commissioner of India to Sri Lanka, Gopal Baglay, visited TVS Lanka vehicle assembly facility in Horana recently coinciding with its 1-year anniversary. During the visit, HE interacted with managers & technicians who were given special training in India.
Gopal Baglay appreciated TVS’s noteworthy contribution to the Sri Lankan economy at this critical time. He expressed hope that other Indian enterprises follow TVS’ lead and join hands with the Sri Lankan businesses and Government in dealing with the present crisis and revitalizing the Sri Lankan economy. He said that Sri Lankan youth have a lot to offer in terms of skills, talents & resources.
The Management briefed on plans of TVS to bring even more versatile & sustainable solutions to Sri Lanka in the foreseeable future in collaboration with TVS India.
TVS Lanka’s new facility is primarily for assembling two-wheelers under the concept of “Domestic Value Addition” promoted by the Ministry of Industries, in keeping with global standards & protocols. The new facility incorporated with an investment of over half a billion LKR also serves to provide many occupational opportunities for local youth and experts.
Chief Operating Officer of TVS Lanka, Geethal Anthony said, “We think this endeavour is particularly timely amidst the present import restriction to manage the rupee depreciation. As the market leader, TVS is committed to making Sri Lanka self-sufficient in two-wheelers which will, over time, eliminate the need for imports.”
TVS Lanka (Pvt) Ltd is a fully owned subsidiary of TV Sundram Iyengar & Sons Private Limited, India. Since its inception 20 years ago, TVS Lanka has been awarded with many accolades including the coveted “Brand of the Year” title at SLIM Brand Excellence awards in 2016.
TVS represents a wide product portfolio of TVS-branded two-wheelers, three-wheelers and TVS genuine spare parts and Sonalika tractors & genuine spare parts as OE brands. TVS Lanka’s aftermarket offering includes TVS tyres, tubes, UCAP multi spare parts, UCAP batteries, UCAP filters and UCAP lubricants.
TVS Lanka has a widespread network of 2,000 touchpoints across Sri Lanka offering TVS & UCAP-related services.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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