Business
LPG product to meet expanding consumer needs
All over the world, an ever expanding need for energy is creating new and innovative opportunities for products that meet customer expectations while delivering sustainable energy solutions.
As the national LPG provider with a legacy of 150 years, Litro Gas Lanka has always sought to keep in step with expanding consumer needs by providing innovative LPG solutions, says Anil Koswatte chairman & CEO of Litro Gas Lanka.
Introducing a unique LPG solution to meet an increasing consumer demand is a priority for the company, he says. ” Our new and innovative Premium Hybrid 18 Litre Cylinder is expected to revolutionize the LPG industry in Sri Lanka by offering outstanding economic benefit in a size that meets global specifications. The new Litro Premium Hybrid 18 Litre Cylinder will be sufficient for a family of four, meeting their LPG needs for a month, he adds.
” We have consistently been able to pass on a great economic benefit to our consumers by maintaining our LPG prices for over a year, in keeping with the guidance of President Gotabaya Rajapakse envisioned in the government’s Vistas of Prosperity & Splendour ( Saubhagyaye Dakma). We believe that our new product will add tremendous value to that promise.”
With a market share of over 75%, Litro Gas Lanka has continuously upheld the trust placed in the company by its customers. ” Our priority has always been to bring the Sri Lankan LPG industry up to date with the standards of the global energy sector while ensuring safety at all levels of our operations and delivering value for money in energy solutions for our customers,” he adds.
The rapid increase in globalization continues to enhance the need for clean, green energy across the world. The new Litro Premium Hybrid 18 Litre Cylinder will now bring global standards to Sri Lanka with a unique size that allows more energy at a competitive price.
Commenting on the safety aspect of the new cylinder, Jayantha Basnayake, Director – Health, Safety & Environment at Litro Gas Lanka says that the new cylinder comes with an enhanced LPG Vapour Ullage which reduces transportation issues in changing environmental conditions, noting that the Ullage space is increased according to the international standards with the new packaging.
Business
Indo-Sri Lanka Chambers forge alliance to drive infrastructure and real estate investment
By Sanath Nanayakkare
In a major boost to bilateral economic ties, the Chamber of Construction Industry of Sri Lanka (CCISL) and the Indo–Sri Lanka Chamber of Commerce & Industry (ISCCI) have signed a strategic Memorandum of Understanding (MoU) to deepen cooperation in real estate, infrastructure, and urban development.
The agreement establishes a formal framework for both institutions to drive collaborative initiatives, including business delegations, high-level conferences, workshops, B2B matchmaking sessions, and technical site visits. Designed to bridge businesses, government institutions, and project stakeholders across the Palk Strait, the partnership aims to unlock new avenues for cross-border joint ventures and technology transfers.
A focal point of this newly minted partnership is the facilitation of an upcoming trade delegation from the National Real Estate Development Council (NAREDCO) of India. Comprising major Indian players in the real estate and infrastructure sectors, the visiting delegation will engage in targeted business meetings, workshops, and inspection tours of prominent construction projects in Sri Lanka.
Under the terms of the MoU, CCISL will serve as the principal host coordinator in Sri Lanka. In close consultation with ISCCI, the apex construction body will curate itineraries, identify viable projects for engagement, and facilitate high-level dialogues with key government agencies, regulatory bodies, and industry leaders.
With both nations prioritizing sustainable urban growth, modern construction technologies, and infrastructure expansion, industry leaders view the partnership as a timely catalyst for economic rejuvenation. The collaboration is anticipated to accelerate market access, knowledge exchange, and foreign direct investment into Sri Lanka’s burgeoning property and development sectors.
To ensure the success of the upcoming NAREDCO delegation, CCISL has issued an urgent appeal to statutory authorities and relevant project owners to come forward with viable investment proposals. Stakeholders holding projects seeking foreign investment or technical partnerships are invited to submit comprehensive details to the Secretary General and CEO of CCISL via email at secyces@gmail.com.
Both chambers emphasize that translating this foundational agreement into tangible partnerships and robust capital flows will significantly strengthen bilateral connectivity between the construction and real estate sectors of India and Sri Lanka.
Business
Hettich celebrates a decade in Sri Lanka with partner meet in Colombo
Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years of presence in the country with its inaugural Partner Meet in Colombo.
The landmark event brought together Hettich’s key partners, stakeholders and industry leaders to celebrate a decade of growth, collaboration and shared success, while reaffirming the company’s long-term commitment to the Sri Lankan market.
Over the past decade, Hettich has strengthened its presence in Sri Lanka through its focus on German engineering, innovation, quality and functionality, contributing to the creation of contemporary and intelligently designed living and working spaces across the country.
The gala evening was graced by a distinguished delegation of senior leaders, including Dr. Andreas Hettich, Chairman, Hettich Group Advisory Board; S. K. Poddar, Chairman, Hettich India & Adventz Group; Mr. Akshay Poddar, Director, Hettich India; Andre Eckholt, Managing Director, Hettich India, SAARC, Middle East & Africa; Rahul Thakkar, Director – Sales, Hettich India & SAARC; and Dinusha Bhaskaran, Managing Director, Vallibel One PLC.
Business
GS Evo Motors launches all-new JMEV EWIND
GS Evo Motors Limited, the authorized distributor of JMEV electric vehicles in Sri Lanka, has officially launched the JMEV EWIND, a next-generation compact electric SUV. The vehicle is designed to offer strong performance, intelligent technology, premium comfort, and high safety standards, marking another milestone in Sri Lanka’s growing electric mobility sector.
The EWIND features a sleek, aerodynamic exterior with penetrating LED daytime running lights, trapezoidal chain-inspired LED tail lamps, 19-inch alloy wheels, and a bold silhouette. Inside, it offers a spacious cabin with a panoramic moonroof and retractable curtain, an ultra-thin suspended instrument panel, a D-shaped multifunction steering wheel, multi-colour ambient lighting, premium finishes, and electrically adjustable front seats.
The SUV is available in single-motor front-wheel drive configurations, producing up to 108 kW and 210 Nm, with 0–100 km/h acceleration in 8.9 seconds.
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