Business
Mahindra & Mahindra with Ideal Motors delivers its 1000th KUV100 NXT
KUV100 NXT, the bold and stylish entry-level SUV, is Mahindra’s first “Made in Sri Lanka’’ vehicle, which is assembled at the Mahindra Ideal Lanka Automotive plant (MILPL), a joint venture between Mahindra & Mahindra and Ideal Motors Pvt Ltd. KUV100 was launched in early 2020 amidst the pandemic and garnered an overwhelming response from customers. With Customer centricity the key focus of the company, we have ensured island-wide Service and Parts network with 24 hours workshop turnaround for faster delivery at aftersales.With the gradual opening of the market amid the COVID19 pandemic in Sri Lanka, the demand for KUV100 has seen a significant spike in the country. Mahindra Ideal Lanka (MILPL) is now boosting its production capacity to meet the increased market demand.
The KUV100 NXT with its unique proposition of style, power, and hi-tech features, is a class-leading vehicle and has been able to perform and win the confidence of Sri Lankan customers. Ideal Motors and Mahindra & Mahindra are delighted to have reached this exciting milestone of 1000th KUV100 NXT in Sri Lanka and is grateful to its customers forthe overwhelming response.
KUV100 NXT has been designed to help customers “Live Beyond Boundaries”. This entry-level compact SUV accommodates 1.2 litre high performance 1198cc mFalconengine with a maximum power of 82 bhp at 5500 RPM. The 5-seater spacious SUV is suited for a small family or a professional and comes with a ground clearance of 170mm. The 15’’ diamond cut, two-tone alloy wheels and strong built gives it a sporty appearance. Its electric power steering and mounted controls lend essential driving comfort suited to all conditions. KUV 100 NXT features a state-of-the-art touchscreen infotainment system with blue tooth connectivity, dual airbags, and ABS for enhanced safety.
KUV100 NXT shines in white, red, black and silver colors and comes with a warranty of three years or 100,000 km.
With over a decade of disrupting the local automotive and after-market solutions industry, Ideal Group is a truly Sri Lankan Group of Companies leading the way in Sri Lanka. The Group’s strength consists of over 1,000 team members and boasts a turnover of more than Rs. 20 billion annually. As a pioneer, Ideal Group specializes in assembly, import, and distribution of motor vehicles and multi-brand spare parts, automotive after-sales services. Ideal Group holds the sole authorized distributor rights of Mahindra motor vehicles and motorcycles in Sri Lanka and the co-ownership of Sri Lanka’s “first automotive assembly and production plant” in Welipenna, which is a bi-product of the joint venture between Ideal Group and India’s automotive giant, Mahindra and Mahindra. Following a service-first philosophy, the Group claims a large footprint across Sri Lanka with its island-wide network of Mahindra sales showrooms and authorized service dealerships.Mahindra and Mahindra was founded in 1945, the Mahindra Group is one of the largest and most admired multinational federations of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India and is the world’s largest tractorcompany by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity, and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Business
“ViYASA” National Business Facilitation Centre (NBFC) to be opened tomorrow (22)
The National Business Facilitation Centre (NBFC), which is being established under the Presidential Secretariat with the aim of removing administrative and regulatory barriers that exist among government institutions in relation to investment and industry and expediting these processes, will be opened tomorrow (22).
The centre is being established on the President’s initiative with the aim of bringing about a positive transformation in the industrial sector. The centre will provide solutions to issues that arise in dealing with the government machinery when starting and operating a business, while also coordinating with the relevant government institutions to provide the necessary facilities.
The “ViYASA” National Business Facilitation Centre (NBFC) has been established at Building C-80, Hector Kobbekaduwa Mawatha, Colombo 07, and is headed by Senior Additional( Secretary to the President, Seevali Arukgoda.
The centre will be opened under the patronage of Minister of Labour and Deputy Minister of Finance and Planning Dr Anil Jayantha Fernando and Minister of Industry and Entrepreneurship Development Sunil Handunnetti, with the participation of Secretary to the President Dr Nandika Sanath Kumanayake.
The website https://nbfc.presidentsoffice.gov.lk is also scheduled to be officially launched on the occasion.
President’s Media Division)
Business
Charting a worker-centered AI future: Colombo hosts landmark ITF conference
By Sanath Nanayakkare
Artificial intelligence and automation present serious challenges for workers – such as job consequences seen in docks and rail systems – and emphasises that workers cannot simply stop technological progress. By gathering young trade unionists in Sri Lanka, the ITF aims to establish key principles for engaging with technology, ensuring workers have a strong voice at the bargaining table, and encouraging constructive social dialogue with corporations and governments.
These compelling words from ITF General Secretary Stephen Cotton underscored the urgent reality facing modern labor as rapid technological advancements sweep across global industries.
Confronting this shifting landscape head-on, the International Transport Workers’ Federation (ITF), in partnership with the National Union of Seafarers of Sri Lanka (NUSS), convened a ground-breaking conference on artificial intelligence in Colombo from September 15–17.
As the ITF’s first-ever AI-focused global conference and the first of its kind hosted in Sri Lanka, the landmark event marked a critical milestone in balancing technological innovation with worker-centered safeguards.
Representing over 16.6 million transport workers worldwide, the ITF designed the gathering to tackle the multifaceted impacts of AI on safety, operations, workforce development, and governance. Rather than resisting progress, the conference focused on proactive engagement, establishing guiding principles to protect workers’ rights and privacy both at sea and on land.
Key discussions centred on sharing best practices for upskilling and reskilling transport personnel, ensuring that human oversight remains central to AI-driven logistics, routing, and maintenance.
Reflecting on the historic nature of the event, Boa Athu, CEO of National Union of Seafarers Asia Pacific, noted that the conference represented a monumental moment as AI emerges as a permanent fixture of contemporary life.
Highlighting NUSS’s pride in hosting the event in Colombo, Athu emphasised that AI offers transformative potential when guided by strong social dialogue, equitable access to training, and robust governance safeguards.
Ultimately, the Colombo conference demonstrated that the future of transport must be shaped by those who keep the world moving. By uniting international labour leaders, affiliates, port operators, and regulators, the event laid a vital foundation for inclusive policy frameworks that champion fair labour standards, securing a powerful voice for workers in an automated tomorrow.
Business
Bridging the digital divide: Sri Lanka’s airport licence challenge
By Sanath Nanayakkare
As Sri Lanka experiences a surge in visitors from its largest tourist market, India, a modern administrative hurdle has emerged at Bandaranaike International Airport (BIA).
While nations like India and Pakistan have successfully transitioned to fully digital driving licences and cashless ecosystems, Sri Lanka’s Department of Motor Traffic counter still requires a physical card to issue temporary local permits, The Island Financial Review learns.
This mismatch creates significant friction for independent travelers who rely entirely on smartphones and cloud-stored credentials. Tourists turned away at the airport – and sometimes redirected to the Werahera office in vain – find themselves unable to legally rent and drive vehicles. Consequently, this policy gap harms local car rental operators, causes tourist frustration, and deprives the government of valuable permit revenue.
The situation highlights a distinct irony: Sri Lankan motorists easily travel abroad using International Driving Permits that are readily accepted in India and Pakistan, yet local infrastructure cannot reciprocate due to outdated verification systems.
Recognizing the problem, Department of Motor Traffic officials have noted that upgrades and new equipment are currently in the works to integrate foreign digital platforms.
For a nation aggressively pursuing a national digitalisation drive, rapidly modernising these transport protocols is essential to keeping pace with global travelers and unlocking the full potential of its tourism economy.
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