Business and Economics
To replicate India’s success story in dairy, a joint venture company will be formed in Sri Lanka, consisting of two leading Indian institutions – the National Dairy Development Board of India (NDDB) and the Gujarat Cooperative Milk Marketing Federation (GCMMF), better known as Amul.
They will partner with Cargills (Ceylon) PLC from Sri Lanka. The objectives of the joint venture company will include improving productivity of the dairy system, enabling the use of modern technology, equipment and best practices in dairy and associated sectors, achieving digitalization in the dairy sector, improving the productivity of fodder/pasture cultivation and the cattle feed industry, improving animal health through accessible veterinary care practices.
It is envisaged that the project will increase Sri Lanka’s national milk production by 53% in 5 years, and double milk production (over 129% increase) in 10 years from its commencement. Over 200,000 farmers and entrepreneurs are expected to benefit from this project.
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The Sri Lanka Business Council of Japan (SLBCJ) held its 20th Anniversary on the October, 9, 2023 at Meiji Kinenkan in Tokyo, Japan.
It was attended by Rodney Perera, Ambassador of Sri Lanka to Japan, State Minister of Investment Promotion Dilum Amunugama, Cabinet Minister of Labour and Foreign Employment Manusha Nanayakkara, Member of Parliament in Japan Yamaguchi Susumu, Mayor of Ayase City Koshio Masayoshi, Iwase Kiichiro from the Ministry of Foreign Affairs, members of several associations in Japan and other VIP guests. President Ranil Wickramaighe, who had planned to attend the event, had sent a video message conveying his congratulations and his regrets for being unable to be present. The highlight of the 20th Anniversary celebration was the launch of the Global Federation of Sri Lankan Business Councils (GFSLBC), a project spearheaded by International Director of SLBCJ Sajeev Rajaputhra, President of SLBCJ Jagath Ramanayake, and Treasurer Jitendra Samarawickrama. The aim of the Global Federation is to unite all Sri Lankan Business Councils worldwide under one umbrella organization, linking and strengthening global Sri Lankan Business people in their businesses and supporting Sri Lanka during its economic recovery.
Many members of international business councils had flown in to attend the workshop earlier that morning where Sajeev Rajaputhra (Country Representative to Japan of Ministry of Investment Promotion and International Director of SLBCJ) was elected the first Secretary- General of the Global Federation, followed by Kula Sellathurai (President of the Sri Lanka Canada Business Convention) as Deputy-Secretary-General, Ravi Varma (Vice President of the Sri Lanka Business Council of Dubai & Northern Emirates) as Under-Secretary, Sanje Sedara (President of the Sri Lanka America Chamber of Commerce) as Deputy-Under- Secretary, Naveen Chandrasekara (Vice President Chiba of SLBCJ) as Treasurer, and Jitendra Samarawickrama (Treasurer of SLBCJ) as Deputy-Treasurer. Jagath Ramanayake was given a post of Honorary Advisor of the Global Federation.
