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IDL and East India Holdings commit to Northern economic revival
Daily FT
|November 03, 2025
Private sector pledges support for Northern Economic Summit 2026 as region enters new era of opportunity
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IDL Chief Executive Officer Janek Jayasekara
IN a significant show of private sector commitment to regional development, East India Holdings, parent company of International Distillers Ltd., (IDL), has announced its partnership with The Management Club to support the Northern Economic Summit 2026, scheduled for January in Jaffna.
Speaking at a press briefing held at the Cinnamon Grand last week, IDL Chief Executive Officer Janek Jayasekara outlined the conglomerate's vision for the North, emphasising that the initiative transcends conventional corporate sponsorship to reflect a deeper commitment to balanced national progress.
The company's engagement with the Northern Province carries particular significance given the personal connections of its leadership.
Chairman and Managing Director Ravimohan Tissanayagam hails from the historic Tissanayagam-Barr Kumarakulasinghe family, whose roots trace back to Jaffna. This heritage, combined with his conviction that national prosperity must be built on equitable regional development, underpins the Group's involvement in the initiative.
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