President Ranil Wikramasinghe Inaugurates Sri Lanka’s First Locally Assembled Hyundai i10 Grand

Introduction:

The President of Sri Lanka, Ranil Wikramasinghe, attended the inauguration event of Sri Lanka’s first locally assembled Hyundai i10 Grand, one of the world’s top car manufacturers, on a recent day. This is a significant step in the development of Sri Lanka’s automobile industry and marks the beginning of a new era of locally assembled cars. The event was attended by several prominent individuals and dignitaries, who were present to witness this historic moment.

“A New Era of Locally Assembled Cars in Sri Lanka”:

The inauguration of the first locally assembled Hyundai i10 Grand marks a major milestone for Sri Lanka’s automobile industry. With this new development, Sri Lanka is now capable of assembling one of the world’s top car models locally, which is a significant achievement for the country. This step will not only reduce the import costs of cars but also create job opportunities for the local population.

“The Significance of Locally Assembled Cars”:

The locally assembled Hyundai i10 Grand is not only an economical option for the local market but also a step towards reducing the dependence on imported cars. This move will help to boost the local automobile industry and reduce the trade deficit in the long run. Additionally, the locally assembled Hyundai i10 Grand will be more accessible to the local population, making it easier for them to own a car.

“President Ranil Wikramasinghe’s Support for the Automobile Industry”:

The President’s attendance at the inauguration event of the first locally assembled Hyundai i10 Grand is a clear indication of his support for the automobile industry. The President’s presence at the event showed his commitment to the development of the automobile industry and his belief in its potential to contribute to the growth of the economy.

“The Future of the Automobile Industry in Sri Lanka”:

With the inauguration of the first locally assembled Hyundai i10 Grand, the future of the automobile industry in Sri Lanka looks bright. This step will pave the way for other car manufacturers to set up assembly plants in the country, which will further contribute to the growth of the automobile industry. The future looks bright for the automobile industry in Sri Lanka, and it is expected to play a significant role in the country’s economic development in the coming years.