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Indian companies forging new people-driven partnerships and creating jobs in Africa: Minister of State for Commerce and Industry

Indian companies are not only investing in Africa but are also forging new people-driven partnerships and creating jobs, which are impacting lives of common people in these countries, said Mr C R Chaudhary, Minister of State for Commerce and Industry, Government of India. The Minister was addressing the Confederation of Indian Industry (CII) – Exim Bank of India India-West Africa Regional Conclave which was organised on October 8-9, 2018 in Abuja, Nigeria has mapped emerging synergies and complementarities between the two emerging regions. The minister appealed to all West African countries to avail of India’s Duty-Free Tariff Preference (DFTP) scheme to increase their exports to India. He expressed hope that the conclave will open a new chapter in India-West African economic relations.
The CII-EXIM Bank Regional Conclave on West Africa is happening at the right place at the right time to steer multi-dimensional relations between India and West Africa onto a higher trajectory, he said. West Africa is getting greater attention from India, both diplomatically and economically, he said. He lauded ECOWAS for playing the role of an enabler and catalyst in transforming economic fortunes of the region.