cultural and political difference between India & Srilanka.. and their trade relations

1. THE IIS UNIVERSITY
Submitted to: Submitted by:
Dr. Roopam Kothari Aparna Sharma
MBA(IB) Sem III
ICG/2013/16350

2. CULTURAL & POLITICAL
ENVIRONMENT OF
SRI LANKA & INDIA &
THEIR TRADE
RELATIONS

3. SRI LANKA

4. CULTURE OF SRI LANKA

5. The culture of Sri lanka has been
influenced by its long history and its
Buddhist heritage. South Indian influences
are visible in many aspects.
• Language spoken & Currency:
Sinhala, Tamil and English & the currency is
Sri Lankan Rupee
• Religions:
Buddhism, the religion of the majority of people in Sri
Lanka, is given a place of preference in the national
constitution and public life, although Hinduism, Islam, and
Christianity are also practiced by significant portions .

6. •Social welfare:
Sri Lanka has often been referred to as the model welfare
state. With free and universal education and health care,
subsidized transportation, and a wide range of public
sector programs to assist the poor, the quality of life is high
in comparison with other developing countries.
•Food culture
Sri Lanka's staple meal is a large serving of
rice accompanied by up to twelve different
side dishes of vegetables, egg, meat, or fish
stewed together with peppers, spices, and
often coconut milk.

7. POLITICAL SYSTEM OF SRILANKA

8. *Government: Sri Lanka is
governed by a democratically
elected president and a 225-
member parliament. Politics of Sri
Lanka takes place in a framework
of a presidential representative
democratic republic.
*The United National Party” and
“The Sri Lanka Freedom Party”
have been the largest parties by
far.

9. INDIA

10. CULTURE OF INDIA

11. The culture of India is the way of life of the people of India.
India's languages, religions, dance, music, architecture, food,
and customs differ from place to place within the country.
Languages spoken & currency:
Hindi, Urdu English, Punjabi, Marathi, Bengali, Tamil,
Marwari etc and “Indian Rupee” is the official currency of
India.
Religions:
Main religions in India are Hinduism,
Islam, Sikhism, Christianity, Buddhism,
and Jainism,

12. Social welfare:
Traditionally the family was responsible for the care of the
poor, incapacitated, elderly, and very young. For rural
populations this is still largely true. In recent decades,
underfunded state governments, often with international
help, have tried to create more jobs for the poor as a direct
way of helping them.
Food culture:
About half the people eat rice as their staple, while the
remainder subsist on wheat, barley, maize, and millet. There
are thus major geographic differences in diet. Just as
fundamental is the division between those who eat meat and
those who are vegetarian.

13. INDIAN POLITICAL SYSTEM

14. Politics in India takes place within the framework of a
constitution. India is a federal parliamentary democratic
republic in which the President of India is head of state and
the Prime Minister of India is the head of government.
There are two types of political parties in India - National
Party and Regional/State party.
Largest political parties:
Bhartiya Janta Party, Indian National
Congress, Communist Party of India.

15. TRADE RELATION BETWEEN INDIA & SRI LANKA
 India is Sri Lanka’s largest trading partner globally, while Sri Lanka is India’s second
largest trading partner in the SAARC.
 It is the number one source of supplies accounting for 20% of Sri Lanka’s total
imports and 3rd largest export destination for Sri Lankan products till date.
 Among tourists, Indian visitors make the largest single group having a share of 27%
of total arrivals. In the investment field, India is among the top five foreign investors
in Sri Lanka.
 Trade between Sri Lanka and India has grown rapidly after the entry into force of the
Indo-Sri Lanka Free Trade Agreement in March 2000.
 In average, over 70% of Sri Lanka’s exports to India continue to be under the
ISFTA, while India’s exports to Sri Lanka under the ISFTA remains only
around 25% (2013).

16. Major products exported by India to Sri Lanka:
 Motor Vehicles
 Mineral fuels & oils
 Cotton
 Knitted fabric
 Plastic articles
 Iron & Steel
 Chemicals
 Cement
 Sugar

17. Major products imported in India from Sri
Lanka:
 Spices
 Natural Rubber & Rubber products
 Poultry Feed
 Insulated wires, cables etc
 Copper & Copper based products
 Refrigerators, freezers and other refrigerating equipment &
Machinery
 Paper & Paper products
 Ships, Boats and floating structures
 Furniture, bedding, mattress etc
 Apparel

18. BASIS OF
DIFFERENCE
SRI LANKA INDIA
1.MAIN RELIGIONS BUDDHISM, HINDUISM,
ISLAM, CHRISTIANITY
HINDUISM, ISLAM,
CHRISTIANITY
2. CURRENCY SRI LANKAN RUPEE INDIAN RUPEE
3. PRIMARY
SINHALA HINDI
LANGUAGE
4.CAPITAL COLUMBO DELHI
5.GOVERNMENT
TYPE
• CONSTITUTIONAL
• FEDERAL
• REPUBLIC
• DEMOCRATIC
REPUBLIC
• PRESIDENTIAL
6. PER CENT OF
NATIONAL
PARLIAMENT
SEATS HELD BY
WOMEN
36% • 11%
7.VALUE OF
CURRENCY IN $
1$=130 SRI LANKAN
RUPEE
1$=60 INDIAN RUPEE

19. Scope of an Indian industry/product in Sri Lanka:
Pharmaceutical products can do very well in the Sri Lankan
market.