Sri Lanka is targeting an economic growth rate of 8 percent this year and I would go out on a limb to say that before long Sri Lanka would achieve double digit growth. In fact, given the country’s potential, anything below 10 percent next year should be unacceptable to the people of this country, Mahindra Group Vice Chairman and Managing Director Anand Mahindra said.
Addressing media he said he did not have breaking news for them. "The breaking news in my view is Sri Lanka’s economic potential today. This is the breaking news”.

"This country is blessed with a resource that is genuflected to but never given prime importance. This is the human resources of the country and with a literacy rate of near 100, Sri Lanka has the resources needed to achieve growth. In fact, human resources would determine the winners and the losers in the global economy.

"There is decent stability in the country and infrastructure investments are coming in. This makes Sri Lanka one of the few countries in the world with such a favourable environment in which to attract multinational companies such as the Mahindra Group," he said.

He said the government of Sri Lanka displayed a practical approach in dealing with investors.
"They wanted us to come in quickly, finish talking and commence investing soon. They were practical in their approach, apart from the rhetoric, were mission oriented and had clear plans and policies on where they wanted Sri Lanka to be. We got a feeling that Sri Lanka is on the move."
"We want to engage Sri Lanka as it grows and all our sectors would be involved without exception," Mahindra said.

The Mahindra Group Vice Chairman was in the country for a two day visit where he met President Mahinda Rajapaksa, Deputy Finance Minister Dr. Sarath Amunugama and other top officials of the government to explore possibilities of investment.