Try GOLD - Free
Softlogic and India's ATUL Auto to introduce new range of commercial vehicles in SL
Daily FT
|August 05, 2025
DIVERSIFIED conglomerate Softlogic Holdings PLC said it has entered into a strategic partnership with ATUL Auto Limited, India's fastest-growing three-wheeler manufacturer, to introduce a new range of commercial vehicles to the Sri Lankan market.
-
ATUL Auto, a brand with over 60 years of experience and presence in more than 24 countries, is renowned for manufacturing durable, fuel-efficient, and easy-to-maintain three-wheelers designed to meet diverse transport needs. Through this partnership, Softlogic will launch three key models tailored to local market demands: the Atul RIK, a petrol-powered, stylish and economical passenger vehicle; the Atul GEM Paxx, a diesel-driven, spacious model suited for commercial transport; and the Atul GEM Cargo, a robust high-load cargo variant built to serve delivery, agriculture, and logistics applications.
This story is from the August 05, 2025 edition of Daily FT.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily FT

Daily FT
How we are being misled by fiscal illusion in Sri Lanka
PRESENTLY, Sri Lanka is on a recovery journey from the deepest economic downturn in its history. The unhealthy fiscal policies of successive Governments have already been recognised as one of the major causes of this poor performance. Fiscal policy encompasses various decisions related to the national budget. Therefore, it is crucial to closely monitor budgetary behaviour and related decisions to ensure the economy moves in the right direction.
3 mins
September 02, 2025
Daily FT
Hayleys Agriculture launches OMNIX Digital System to transform farmer engagement and modernise agriculture practices
HJS Condiments Ltd., Sri Lanka’s largest processed fruits and vegetables exporter and a member of the Hayleys Group, has launched the OMNIX Digital System, a groundbreaking platform that modernises farmer engagement, streamlines operations, and strengthens traceability across the agricultural value chain.
2 mins
September 02, 2025
Daily FT
Sun Match Director Gowri Rajan honoured as Sri Lankan Iconic Woman 2025
SRI Lanka's foremost respected media channel Broadcasting Corporation (SLBC), at its centenary celebration, honoured Sun Match Company Executive Director Gowri Rajan with the title of Sri Lankan Iconic Woman 2025 at BMICH. The Chief Guest was Minister of Labour Anil Jayantha Fernando.
1 min
September 02, 2025

Daily FT
LYNEAR: Redefining wealth management through independence and discipline
IN complex and often unpredictable capital markets, wealth preservation and capital accumulation demand rigour, discipline, and a principled approach anchored in long-term strategy, robust governance, and above all, independence.
4 mins
September 02, 2025

Daily FT
Where's the papaverine? NMRA has flatlined on vital heart medicine
IN early April of 2025, this author in an article published in the Daily FT asked the National Medicines Regulatory Authority (NMRA) to quit playing games with our hearts (https://www.ft.lk/opinion/NMRA-should-quit-playing-games-with-our-hearts/14-775045), but it seems to be continuing to cause heartache.
4 mins
September 02, 2025

Daily FT
Sri Lanka's automobile market: Subliminal economic bubble?
From showrooms to sinking debt; is Sri Lanka repeating a global mistake?
6 mins
September 02, 2025

Daily FT
Committee appointed to improve food safety in Parliament
THE Parliament Secretariat yesterday said that the House Committee, chaired by Speaker Dr. Jagath Wickramaratne, has decided to appoint a special committee to present proposals to enhance the safety of food and beverages in Parliament.
1 mins
September 02, 2025
Daily FT
Mercantile Investments signs MoU with Toyota Lanka to drive hassle-free vehicle ownership
MERCANTILE Investments has announced its new strategic partnership with Toyota Lanka. This collaboration marks an important milestone in Mercantile Investments' commitment to providing accessible, seamless, and customer-centric financial solutions.
1 min
September 02, 2025
Daily FT
Ranil expresses gratitude following release from remand
FORMER President Ranil Wickremesinghe yesterday extended his gratitude to all those who supported him from the time of his arrest, marking his first public statement since being taken into custody.
1 min
September 02, 2025
Daily FT
AMW cracks down on counterfeit Yamaha spare parts in Eastern Province
ASSOCIATED Motorways Ltd., (AMW), the sole distributor for Yamaha in Sri Lanka, has recently intensified its efforts to combat the growing circulation of counterfeit spare parts for Yamaha motorcycles.
1 mins
September 02, 2025
Listen
Translate
Change font size