BIZ
GP Certified launches to revolutionise plastic recycling
In a significant step towards sustainable plastic waste management, Island Climate Initiative (ICI) officially launched GP Certified, Sri Lanka’s first certification mechanism for high-quality recycled plastics. The launch event, held in Colombo, brought together key stakeholders—including FMCG brands, recyclers, policymakers, and environmental advocates – to introduce the future of sustainable packaging in Sri Lanka.
Sri Lanka generates thousands of tonnes of plastic waste annually, yet only 4% is recycled. Most plastic waste is either burned or dumped into landfills, polluting our oceans and waterways. GP Certified aims to change this by promoting better recycling practices and encouraging FMCG companies to use recycled plastics in their packaging. This will reduce reliance on imported virgin plastics and less plastic waste will enter the environment.
The GP certification provides recyclers with clear industry guidelines to ensure plastics are recycled to higher standards under safe, ethical and environmentally responsible conditions. This means FMCG companies can confidently and safely use recycled plastics in their packaging, supporting a more sustainable circular economy.Speaking at the launch event, Mr Chaminda Rajapakse, Managing Director of Island Climate Initiative, stated: “With GP Certified, plastic waste becomes something useful – empowering our communities, strengthening local businesses, saving foreign exchange and protecting our island’s natural beauty.”
A key feature of GP Certified is its certification label, which will be displayed on FMCG packaging made with verified recycled plastic. This label guarantees that the packaging meets strict standards across three key areas: safety, ensuring that recycled materials comply with health and hygiene requirements; quality, verifying durability and usability in packaging applications; and sustainability, promoting ethical sourcing and responsible waste management.
This initiative will also help recyclers adopt best practices, provide better working conditions, and drive demand for recycled plastics in Sri Lanka’s FMCG sector.”The GP Certified initiative is a game-changer for the recycling industry. It ensures that the plastics we process meet high standards for safety and quality, which will not only boost consumer confidence but also increase demand for recycled plastics from the FMCG sector.” – Chullaka Hapuarachch, Ecopoly (Pvt) Ltd.
GP Certified is funded by the PLEASE Project, implemented by the South Asia Co-operative Environment Programme, supported by the World Bank, with implementing support from UNOPS.
BIZ
Visit of CII CEOs delegation to Colombo (Pics)
A CEOs delegation of the Confederation of Indian Industry (CII), led by Mr. Sanjiv Puri, Immediate Past President, CII and Chairman & Managing Director of ITC Limited, visited Colombo from 29 June to 02 July 2025.
The visit followed an invitation extended by the President of Sri Lanka during his State Visit to India in December 2024. The delegation comprised over 15 prominent Indian business leaders representing diverse sectors including hospitality, manufacturing, energy, healthcare, textiles, and tourism, among others.
During the visit, the CII delegation also called on the President and the Prime Minister of Sri Lanka. The leadership briefed the Indian business representatives on the constructive measures undertaken by the government to foster a supportive economic climate, promote investment, and ensure fair and transparent business practices.
In addition, the delegation held wide-ranging discussions with several senior Ministers and officials of the Government of Sri Lanka, including the Minister of Energy; Minister of Industry and Entrepreneurship Development; Minister of Labour and Deputy Minister of Economic Development; Minister of Trade, Commerce, Food Security and Cooperative Development; and the Chairman of the Board of Investment of Sri Lanka. These discussions explored avenues for investment-led collaboration and sector-specific partnerships.
A key highlight of the visit was a CEOs’ Roundtable organised by the High Commission of India on 30 June at ITC Ratnadipa, in collaboration with the Ceylon Chamber of Commerce (CCC). The CCC delegation was led by Mr. Krishan Balendra, Chairman and CEO of John Keells Group. The Roundtable witnessed in-depth deliberations on strengthening bilateral economic cooperation and identifying new opportunities for collaboration. High Commissioner of India to Sri Lanka – Mr. Santosh Jha also participated in the interaction.
To mark the occasion, the High Commissioner hosted a networking reception that brought together prominent business leaders, senior ministers, and political leaders. The event also witnessed the participation of leading trade and industry chambers from across Sri Lanka.
The visit of the CII CEOs delegation successfully identified various areas of mutual interest for forging further economic linkages and trade connections. It also highlighted the commitment of apex Indian chambers of commerce, such as CII, to deepening existing economic ties, promoting investment-led partnerships, and exploring new avenues for collaboration between India and Sri Lanka.
The delegation included :
- Dr Nandini Rangaswamy – Chairperson, GRG Educational Institutions & Managing Director, Chandra Group of Companies
- Dr S Chandrakumar – Founder & Executive Chairman Kauvery Group of Hospitals
- Mr CK Ranganathan – Chairman & Managing Director CavinKare Pvt Ltd
- Mr G R Anantapadmanaban – Managing Director GRT Group
- Mr VKC Razak – Chairman, CII Kerala State Council & Managing Director of VKC Footgear Pvt. Ltd.
- Mr Dipak Das – Managing Director Lanka IOC PLC
- Mr Christo George – Convenor CII Kerala Manufacturing MSME & Export Panel, Chairman and Managing Director of Hykon India Limited
- Mr Sohel Firoz Kazani – Founder and Managing Partner of Interport Impex Private Limited (Bharat Freight Group)
- Mr Sunin Sunny – CEO of Ecospice Ingredients Pvt Ltd.
- Mr Ravi Dolli – Member, CII Maharashtra Manufacturing Panel & CEO of Alloy Steels
- Mr Rahul Nayak – Head of International Business TVS Motor Company
- Ms Neerja Bhatia – Deputy Director General Confederation of Indian Industry
- Mr Saikat Roy Chowdhury – Executive Director of International Confederation of Indian Industry
- Mr Manish Mohan – Senior Director of International Confederation of Indian Industry
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