Commerce Minister Anand Sharma said India would help establish a special economic zone (SEZ) to manufacture auto components in Trincomalee, Sri Lanka. He said the Indian Joint Task Force on the SEZ would be announced by today. He was speaking after inaugurating the India Show in Colombo today. The task force will submit its report within 90 days, he added.The Minister also announced the setting up of a pharmaceutical manufacturing hub in Sri Lanka. He said that within 30 days a team from the apex body governing pharma issues in India would visit that country to work out the details. The Minister said that India and Sri Lanka would aim to double the bilateral trade by 2015.
News On AIR | August 3, 2012 2:06 PM
India to set up auto & pharma SEZ in Lanka