The Africans may have lesser buying power but overall size of buyers is high enough to sustain industries. Afro-India trade has grown from just US$ 47 billion in 2012 to reach around US$ 89.54 billion in 2021-22. To conclude, India’s exports to Africa are not only beneficial for its own economic growth and development but also for strengthening the bonds of friendship and solidarity between the two regions. India should continue to pursue its trade agenda with Africa with a spirit of partnership, respect and mutual benefit.
Author: Nadiadwala Nisaar
Nadiadwala Nisaar
Nisaar Nadiadwala (Mumbai) is an author, business analyst and sales strategist. He has hosted workshops in India, UAE, Tanzania and Riyadh. He can be reached via mnisaar@gmail.com