This Sri Lankan Furniture Magnate calling itself the largest furniture manufacturer is a big farce and a fake. To justify this statement they have just purchased two Plantation Companies but they were already captured the
Indian Market by flooding the cheap Chinese furniture by importing them first to Sri Lanka in knocked down condition and assemble and export to India using the SAFTA agreement.
This is a clear exploitation of the SAFTA to earn super profits by evading taxes , hoodwinking the Tax authorities of both countries. Is the Indian authorities were blind to see this exploitation? No , they are surely bribed in larger scale by this Sri Lankan Exporter. Anyway the relevant authorities have commenced the long awaited investigation. Await the results in future.
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