India is planning to invest heavily in newer sectors through both private and public firms there, the High Commissioner of India to Sri Lanka, Gopal Baglay, told The Print in an interview.
The sectors India will focus on include hydrocarbons, infrastructure, information technology, ports, renewable energy and ports among others.
Both countries are also looking at signing the long pending Economic and Technology Co-operation Agreement.
The top Indian Diplomat in Colombo said New Delhi will now work with the new Government here, both at the functional as well as political levels, to facilitate talks for a bailout package by the International Monetary Fund for Sri Lanka, which got stuck earlier as the situation there worsened.
