19th India-Africa Business Conclave:
At the 19th India-Africa Business Conclave, organised by the Confederation of Indian Industry (CII) in New Delhi India has unveiled an ambitious plan to double its exports to African countries to USD 200 billion by 2030.
- This strategic push is aimed at bolstering economic ties and addressing mutual challenges and opportunities.
- Indian companies are poised to help Africa enhance its food production capacity by sharing advanced seed technologies, agro-processing methods, and setting up incubation centers.
- India can significantly enhance Africa’s food security by technology transfer, and expanding bilateral trade which reached USD 100 billion in 2022.
