May 10, 2024
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5min
Sri Lanka Government promoting local assembly with private sector investment  Thursday, 9th of May, 2024, COLOMBO; Sri Lanka’s automobile assembly is experiencing significant growth and development with the involvement of world-renowned brands including Hyundai, Proton, BAIC, DFSK, Wuling, Mahindra, TATA, Bajaj, TVS, JMC and Lanka Ashok Leyland emphasizing the favourable environment for investment. The approval […]

July 31, 2023
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3min
      Mahindra IDEAL Finance Limited, one of Sri Lanka’s leading and fast-growing registered finance companies, is proud to announce the grand opening of its latest branch in Matale. This strategic expansion is in line with the company’s vision to provide unparalleled financial solutions to customers and create thriving communities. Matale marks the company’s […]

June 6, 2023
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5min
      Ideal Motors, a fully owned subsidiary of the Ideal Group specializing in Mahindra Vehicle Assembly and Mahindra Vehicles, and also as the importer and distributor of Mahindra spare parts, supplied two Mahindra Powerol generators to the education arm of Nawaloka Holdings, Nawaloka College of Higher Studies locations in Colombo and Kandy to […]

May 31, 2023
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6min
      Sri Lanka’s leading private sector bank HNB PLC renewed its partnership with local automobile dealer for the Mahindra vehicles and generators Ideal Motors, to offer customers a wide range of special benefits anchored to low interest rates. The partnership between Ideal Motors and HNB ensures that customers receive the most affordable leasing […]

September 8, 2022
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5min
      Adding to its expanding network of islandwide branches, Mahindra IDEAL Finance, one of Sri Lanka’s premier financial services providers, recently opened its new branch in Chilaw. Located at 22, Shirley Corea Mawatha, Chilaw, the new branch provides customers with a modern and well-designed space, reflective of the Company’s ideals. Customers in the […]

March 28, 2022
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5min
        Sri Lanka’s leading private sector bank Hatton National Bank (HNB) has once again renewed its partnership with Ideal Motors (Pvt.) Ltd, to promote and offer financing solutions for Mahindra automobiles and generators. A special ceremony was hosted at HNB Towers, in the presence of HNB Deputy General Manager, Retail & SME […]

July 18, 2017
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11min
Sagar Bhadkamkar- Country Head for Sri Lanka Operations, Mahindra & Mahindra Ltd, Mr Pravin Shah – Senior Advisor Mahindra & Mahindra Ltd, Mr Arvind Mathew - Chief of International Operations Mahindra & Mahindra Ltd, Mr Nalin Welgama – Chairman Ideal Group and Mr Sanjay Jadhav - Vice President, Head of International Operations - AFS (South Asia), Mahindra & Mahindra Ltd, at the Ideal Group headquarters


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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