23rd January 2012, www.dailynews.lk, By Shirajiv Sirimane
An Indian salt manufacturing company will start operations on one of Sri Lanka’s largest salterns at Elephant Pass mid this year.
Consul General of India in Jaffna, V. Mahalingam said that they have already provided technical assistance to commence this plant.
He also said that the Indian government has also agreed to provide 10,000 push bicycles to the North East and an Indian company would soon start a bicycle assembly plant in Vavuniya.
He also said that travellers from North East to India have increased for leisure, pilgrim, education, business and for health purposes. ``We process around 50 to 75 applications each day,” he said.
He also said that the State Bank of India would open one of its branches in Jaffna making it the second Indian bank after Indian Bank to operate in Jaffna. “In addition Indian Life Insurance Corporation too is looking at opportunities in Jaffna,” he said.