Curtain Raiser For India-Africa Business Dialogue
ECONOMY & POLICY

Curtain Raiser For India-Africa Business Dialogue

A curtain raiser for the India-Africa Business Dialogue and Exhibition took place on 13 May 2026 at Bharat Mandapam in New Delhi under the chairmanship of the Union Minister of Commerce and Industry, Piyush Goyal. The gathering included resident ambassadors and high commissioners from African countries, senior Indian officials, representatives of industry chambers, export promotion councils and business leaders. The event was held as a preparatory platform ahead of the fourth India-Africa Forum Summit.

The dialogue is intended to deepen economic and strategic engagement through trade, investment, technology partnerships and people-to-people links. Bilateral trade measured in United States dollars (USD) reached USD 93.69 bn in 2025–26, up 14.39 per cent year on year, with India’s exports to Africa at USD 45.42 bn and imports at USD 48.27 bn. The minister noted that AfCFTA, at nearly USD 3.4 trillion, alongside India’s USD 4 trillion economy, creates opportunities to diversify supply chains and raise the value of exports.

He emphasised technology transfer and youth-driven growth and identified renewable energy, green hydrogen, green ammonia, electric mobility, digitalisation and telecommunications as priority areas. With nearly two-thirds of the combined population below 35, the minister urged focus on skilling, startups, innovation ecosystems and talent development to ready workforces for future industries. He argued for moving beyond raw material trade towards local manufacturing, integrated value chains and higher-value products.

The commerce secretary outlined thematic priorities for the dialogue, including climate action and sustainability, infrastructure and connectivity, digital innovation and artificial intelligence, manufacturing and micro, small and medium enterprise partnerships, healthcare and human capital development, financial services, logistics and critical minerals. The programme will include plenary sessions, policy dialogues, sectoral roundtables, business-to-business and business-to-government meetings, networking engagements and an exhibition of technologies and best practices. The secretary cited recent India-Kenya and India-Tanzania joint trade committee meetings and reaffirmed commitment to institutional measures such as the Duty-Free Tariff Preference Scheme for least developed countries and to efforts aimed at doubling bilateral trade by 2030.

A curtain raiser for the India-Africa Business Dialogue and Exhibition took place on 13 May 2026 at Bharat Mandapam in New Delhi under the chairmanship of the Union Minister of Commerce and Industry, Piyush Goyal. The gathering included resident ambassadors and high commissioners from African countries, senior Indian officials, representatives of industry chambers, export promotion councils and business leaders. The event was held as a preparatory platform ahead of the fourth India-Africa Forum Summit. The dialogue is intended to deepen economic and strategic engagement through trade, investment, technology partnerships and people-to-people links. Bilateral trade measured in United States dollars (USD) reached USD 93.69 bn in 2025–26, up 14.39 per cent year on year, with India’s exports to Africa at USD 45.42 bn and imports at USD 48.27 bn. The minister noted that AfCFTA, at nearly USD 3.4 trillion, alongside India’s USD 4 trillion economy, creates opportunities to diversify supply chains and raise the value of exports. He emphasised technology transfer and youth-driven growth and identified renewable energy, green hydrogen, green ammonia, electric mobility, digitalisation and telecommunications as priority areas. With nearly two-thirds of the combined population below 35, the minister urged focus on skilling, startups, innovation ecosystems and talent development to ready workforces for future industries. He argued for moving beyond raw material trade towards local manufacturing, integrated value chains and higher-value products. The commerce secretary outlined thematic priorities for the dialogue, including climate action and sustainability, infrastructure and connectivity, digital innovation and artificial intelligence, manufacturing and micro, small and medium enterprise partnerships, healthcare and human capital development, financial services, logistics and critical minerals. The programme will include plenary sessions, policy dialogues, sectoral roundtables, business-to-business and business-to-government meetings, networking engagements and an exhibition of technologies and best practices. The secretary cited recent India-Kenya and India-Tanzania joint trade committee meetings and reaffirmed commitment to institutional measures such as the Duty-Free Tariff Preference Scheme for least developed countries and to efforts aimed at doubling bilateral trade by 2030.

Next Story
Infrastructure Urban

Green GSM to Deploy VinFast EVs in Philippines

Green GSM has signed memoranda of understanding and deposit agreements with 75 transport companies and cooperatives in the Philippines to support the planned deployment of up to 18,497 VinFast electric vehicles.The vehicles will be used for passenger transport operations across cities and provinces including Metro Manila, Cebu, Davao, Iloilo, Cagayan de Oro, Cavite, Pampanga, Bacolod, Batangas, Baguio and Ozamiz.The planned fleet will include VinFast VF 5, Herio Green and Limo Green models, deployed through a mix of direct investment and long-term leasing arrangements. The initiative follows G..

Next Story
Infrastructure Urban

Bihar Eyes Tech-Led Industrial Growth

The Bihar government is engaging with the Pan IIT Alumni India Bangalore Summit 2026 in Bengaluru as part of efforts to strengthen its technology and innovation ecosystem and attract industry and investor participation.The summit, themed ‘Catalysing Innovation, Entrepreneurship and Nation Building’, will bring together IIT alumni, investors, technology leaders, startup founders, policymakers, academicians and industry experts. Discussions will focus on artificial intelligence, digital infrastructure, deep technology, entrepreneurship and next-generation industrial opportunities.The engagem..

Next Story
Infrastructure Urban

Nisus Finance Invests Rs 900 Million in Pune Project

Nisus Finance Services Co Limited has invested Rs 900 million through its Real Estate Special Opportunities Fund-I (RESO-I) in Realnet Ventures Private Limited, a wholly owned subsidiary of Paranjape Schemes (Constructions) Limited.The investment will support a residential apartment tower within Blue Ridge, a 150-acre developed township in Hinjewadi Phase 1, Pune. The township already includes 33 delivered residential towers, more than 6,000 families, three SEZs employing over 35,000 IT professionals, commercial spaces, a school and modern amenities such as a golf course, basketball court and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement