Business
Rekindling ties-George Steuart Health and TIL Healthcare
George Steuart Health today announced their renewed partnership with TIL Healthcare, India, for marketing and distribution of TIL Healthcare products in Sri Lanka.
TIL Healthcare, formerly known as Tablets India Ltd., originally launched with George Steuart in the mid-90s. This renewed partnership will make available, a range of amino acids and probiotics to the market. Bifilac, the pioneer probiotic is also set to be reintroduced to the market through this synergy.
Probiotics are live microorganisms that are intended to have health benefits when consumed or applied to the body. They can help maintain the homeostasis within the gut microbiota, providing a wide range of health benefits. At present, it is a worldwide trend to incorporate probiotics to the daily diet in fermented foods. The benefits of probiotics to the cereal based Sri Lankan diet has also been studied. Bifilac offers a combination of good bacterias and yeast, which is introduced in the intestine intentionally to balance the microbial flora (internal environment) of the intestine.
TIL Healthcare is the international pharmaceutical arm of the Jhaver Group of companies. The group currently has 5 pharmaceutical formulation manufacturing facilities offering various products in Liquids, Capsules, Tablets, Injectables, Soft-gel & Powders. TIL Healthcare exports its products to over 54 countries spread across Asia, Africa, CIS, Central & Latin America and is backed by strong infrastructure and technical personnel.
Mr. Kapil Jhaver, President & Managing Director of TIL Healthcare noted that they are elated to partner with one of the fastest growing companies in Sri Lanka. With their recently commissioned new state-of-the-art manufacturing facility dedicated towards global supplies, he stated that TIL healthcare is committed to further strengthen the partnership with George Steuart Health through new business opportunities.
‘As we celebrate our 185th anniversary this year, we recognize our greatest strength is our people and our partners. I congratulate TIL Healthcare and George Steuart Health and look forward to a fruitful partnership,’ said Dilith Jayaweera, Group Chairman of George Steuart & Company.
George Steuart Health currently boasts a portfolio of pharmaceuticals, nutraceuticals, cosmodermaceuticals, medical equipment and medical diagnostic devices. ‘The addition of the TIL healthcare products, will further strengthen our basket and broaden our services to the healthcare sector,’ stated Eran Ranasinghe, Executive Director of George Steuart Health.
On the company’s renewed partnership, he commented ‘We are happy to reconnect with our old partners. Although the agencies have drifted apart for a brief period, the companies’ commitment to deliver high quality medication to patients have brought us together once again.’
George Steuart Health is one of Sri Lanka’s premier healthcare and wellness solution providers and is a member of the George Steuart Group; Sri Lanka’s oldest mercantile establishment and a leading diversified conglomerate.
The Business World International Conference and Awards Ceremony organised by Business World International Organisation INC-USA, the event which is recognized as one of the most prestigious Business Award Festivals in the Asia Pacific Region, was held at the Mount Lavinia Hotel, Colombo with the participation of several business personalities and celebrities of Sri Lanka. The Joint Chief Guests were Dr. Purna Bahadur Nepali (Ambassador of Nepal to Sri Lanka) and Prof. Dr. Dietmar Doering (Founder / Chairman – AGSEP Research and Advisory Board Member of Business World International Organization – USA). Guests of Honour were Tham Whye Long (First Secretary/Head of Chancery – High Commission of Malaysia in Sri Lanka), Prof. Dr. Rohan De Silva (President – Sri Lanka Chamber of Small and Medium Industries), (Retd) Major General R. A. J. N. Ranasingha (RSP USP NDC MSC – Sri Lanka Army), Dr. Rohan Pallewatta (Excutive Chairman of the Start-Up High Tech Company – Lanka Harness, a BOI approved company operating in the Free Trade Zone at Biyagama in Sri Lanka), Dr. Kishu Gomes (Chairman – Exterminators PLC, Group Managing Director / CEO – Dreamron Group of Companies & Advisory Committee Member – Sri Lanka Tourism), Dian Gomes (Nonorary Consul of Georgia in Sri Lanka, Chairman – Colombo School of Business Management & Independent Non-Executive Director – Nestle Lanka Ltd).
Special Guests were Rt. Rev. Bishop Prof. Dr. Nissanka Weerappulige (Advisory Board Member of Business World International Organization – USA), Prof. Dr. Dame Anoma Weeraratne Wijenayake (Advisory Board Member of Business World International Organization – USA), Gerd Heinzerling (Advisory Board Member of Business World International Organization – USA), Priyantha Padmasiri (President – Sri Lanka Canada Business Council), M. H. K. M. Hameez (Vice President – Sri Lanka Canada Business Council & Immediate Past President – Sri Lanka Malaysia Business Council). The invitees were graciously welcomed by Dr. Anthony Dexter Fernando (Chairman – Business World International Organisation USA – International Chapter), Dr. Tharindu Wijenayake (Deputy Chairman – Business World International Organisation USA – International Chapter) and Dr. Emerita Wijenayake (Project Chairperson & Director – Business World International Organisation USA – International Chapter).
Sampath Bank recently formalised a strategic partnership with the Chamber of Young Lankan Entrepreneurs (COYLE) by signing a Memorandum of Understanding (MOU) at its Head Office. This partnership highlights Sampath Bank’s ongoing commitment to promoting innovation, driving business growth, and empowering Sri Lanka’s entrepreneurial ecosystem.
Through this collaboration, Sampath Bank will serve as the official banking partner for the COYLE Awards and the Young Lankan Program, two flagship initiatives that recognise business excellence and nurture emerging leaders. Supporting these initiatives allows the Bank to create a strong pipeline for SME engagement, provide access to tailored financial solutions, and build meaningful relationships with the country’s leading entrepreneurs.
ANC, a leading Lankan higher education provider, partnered with Northwood University to host the 2025 NUCARS simulation in Sri Lanka for the first time. Held from April 7–11, the event brought together students from the U.S., Europe, and Sri Lanka for an immersive, hands-on learning experience in automotive retail strategy. Twenty-two ANC students participated, showcasing their ability to compete globally. Celebrating its 28th anniversary, NUCARS emphasized teamwork, cross-cultural collaboration, and real-world business decision-making—highlighting ANC’s commitment to delivering globally recognized education and empowering students with essential skills for the international marketplace, said a release.
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