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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code