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Article: Peace dividend ; With the 26-year-old civil war coming to an end in Sri Lanka, India Inc. is on the threshold of a never-like-before opportunity to do business with the island nation.
- Article from:
- Business Today
- Article date:
- August 9, 2009
- Author:
CopyrightCopyright 2009 Business Today. Provided by ProQuest LLC. (Hide copyright information)
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The celebrations that broke out in May after the Sri Lankan army
announced the killing of LTTE chief V. Prabhakaran, at the end of a
long and tumultuous civil war, were not restricted to just the
streets of Colombo. There was considerable excitement in the corner
offices of many Indian companies an excitement that was born out of
the opportunities that a peaceful Sri Lanka offers. Strategy
meetings soon followed to garner a good share of the "soon to boom
Sri Lankan consumer goods market and/or the reconstruction (in the
north and east) pie.
After one such meeting, an Indian cement company (which did not
wish to be identified) has set its sights on the government-owned
Kankesanturai cement ...