Colombo, July 6 -- Indian companies who have expanded and become competitive under Free Trade Agreements are now looking to expand abroad and Sri Lanka had a good chance due to proximity, ITC chief Sanjiv Puri said today.
Over the past 10 years, India has rapidly opened up, under the Prime Minister Narendra Modi.
"India is in the process of and has signed FTAs. Many more FTAs are coming," Puri said in Colombo at an event which brought together local business leaders and representatives of ruling and opposition parties at ITC Ratnadeepa, built by his own group, according to media reports.
"Manufacturing, especially high-tech manufacturing is reviving at a very rapid pace, electronics, semiconductors."
The delegation of CEOs from the Conf...