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Showing posts with the label India-Africa business

India Boosts Trade with Africa

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To formulate a strategy to boost India-Africa Trade & Investment The Commerce Ministry and Indian High Commissions and Embassies of eleven African countries arranged an interaction over Digital Video Conference (DVC) over two days, on 3rd and 6th May 2019, with the Indian business community in Africa. The interactions with Indian Diaspora were held in Tanzania, Uganda, Kenya, Zambia, and Mauritius, Nigeria, Mozambique, Ghana, South Africa, Botswana, and Madagascar. This initiative was held in order to build an effective engagement with the Indian Diaspora in Africain order to further deepen and strengthen India-Africa trade ties. The DVC was attended by over 400 members of Indian business community in 11 African countries. India’s total trade with the African region during 2017-18 was USD 62.69 billion (8.15% of India’s total trade with the World). India’s share of exports to African countries as a percentage of India’s total exports to the world was of the order o