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Reading: PM Modi inaugurates India-assisted rail infrastructure initiatives in Sri Lanka—Key highlights
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StockWaves > Business > PM Modi inaugurates India-assisted rail infrastructure initiatives in Sri Lanka—Key highlights
Business

PM Modi inaugurates India-assisted rail infrastructure initiatives in Sri Lanka—Key highlights

StockWaves By StockWaves Last updated: April 6, 2025 8 Min Read
PM Modi inaugurates India-assisted rail infrastructure initiatives in Sri Lanka—Key highlights
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PM Modi Sri Lanka Go to Newest Updates: Prime Minister Narendra Modi participated in a ceremony in Sri Lanka on Sunday, April 6, to inaugurate and launch two railway initiatives in Anuradhapura. These initiatives have been constructed with India’s help. PM Modi was accompanied by the Sri Lanka President HE Anura Kumara Disanayaka on the occasion. The 2 leaders inaugurated the 128 km Maho-Omanthai railway line, which has been refurbished with Indian help of $91.27 million.

ALSO READ: Sri Lanka lifts ban on automobile imports

Additionally they inaugurated the development of a complicated signaling system from Maho to Anuradhapura. This challenge is being constructed with Indian grant help to the tune of $14.89.

These railway modernisation initiatives are a part of the India-Sri Lanka growth partnership.

The initiatives mark a major milestone in strengthening north-south rail connectivity in Sri Lanka.

The initiatives may also facilitate the quick and environment friendly motion of each passenger and freight visitors throughout that nation.

In a joint press convention with the Sri Lankan President yesterday, PM Modi mentioned: “As Prime Minister, that is my fourth go to to Sri Lanka. My final go to in 2019 got here at a really delicate time. It was my agency perception on the time that Sri Lanka will rise, and rise stronger. I applaud the braveness and persistence of the Sri Lankan individuals, and immediately, I’m completely happy to see Sri Lanka again on the trail of progress.”

PM Modi was feciliated with the ‘Sri Lanka Mitra Vibhushana’ award by President Disanayaka. “This award doesn’t solely honour me, but in addition honours 140 crore Indians. It’s a tribute to the historic ties and deep friendship between the individuals of India and Sri Lanka,” mentioned the Indian PM.

ALSO READ: Sri Lanka to acquire $200 million mortgage from ADB for energy sector growth

“India is proud to have fulfilled its duties as a real pleasant neighbour. Whether or not it was the terrorist assault of 2019, the COVID pandemic, or the current financial disaster, we’ve got stood firmly with the individuals of Sri Lanka throughout each issue,” mentioned PM Modi.

He additionally mentioned that relations between India and Sri Lanka are based mostly on mutual belief and goodwill.

“We are going to proceed to work collectively to meet the hopes and aspirations of our individuals,” added PM Modi.



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