Sri Lanka’s economy is largely dependent on services and trade at present and the need to boost the industrial sector has been long felt. Sri Lanka needs an infusion of technology of technology leaders so that SMEs. Both India and Sri Lanka can benefit mutually from an industrial partnership in enhancing the benefit in the immediate term. India is capable of playing that role, being in such close proximity and having advanced technological solutions developed internally.
Against this backdrop, International Society for Small and Medium Enterprises (ISSME), in association with Ceylon National Chamber of Industries (CNCI), Sri Lanka, supported by Ministry of Industry & Commerce and Ministry of Science, Technology & Research, Government of Sri Lanka, is going to organize the “Indian Machinery and Technology Exhibition – IMTEX 2017” at Bandaranaike Memorial International Conference Hall (BMICH), Colombo, Sri Lanka during January 27-29, 2017 with the theme “Adopting new and innovative technologies for regional industrial growth”.
The exhibition aims at introducing latest advanced technology and innovations from India to Sri Lankan SMEs, specifically in the Industrial Sector, in order to improve their capabilities and competitiveness in the local and international markets. This exhibition is first of its kind in Sri Lanka, initiated by ISSME, to promote Indian machineries and technologies in Sri Lanka.
IMTEX 2017 will be a great opportunity for the South Asian Association for Regional Cooperation (SAARC) region to connect with Indian Industrial Machinery manufacturers, while India will have the opportunity to promote products to the SAARC region.