Sri Lanka, Oct. 13 -- Former Central Bank Governor Indrajit Coomaraswamy called on Sri Lankan policymakers to take advantage of the size of the Indian market speaking at a joint Takshashila Institution and Pathfinder Foundation webinar on October 9.

"Sri Lanka is like an unsinkable aircraft carrier parked 20 miles off the coast of India. Sri Lanka is important to India and India is a great opportunity for Sri Lanka.

"You can see India's neighbourhood policy gain traction on the ground. It is in India's strategic interests to have stability on its southern border given the sensitivities in the Northern border and that a lot of the strategic assets are in the South."

Sri Lanka has a trade deficit of US$ 3.1 billion in favour of India how...