Indian Delegation Visits South Africa for Trade and Investment Talks
ECONOMY & POLICY

Indian Delegation Visits South Africa for Trade and Investment Talks

A nine-member Indian delegation participated in the second session of the India-South Africa Joint Working Group on Trade and Investment (JWGTI) held in Pretoria from 22 to 23 April 2025. Discussions were conducted in a cordial atmosphere, focusing on expanding trade ties, boosting investments, and fostering greater people-to-people exchanges.

The meeting was co-chaired by Malose Letsoalo, Chief Director, Bilateral Trade Relations, Department of Trade, Industry and Competition of South Africa, and Priya Nair, Economic Adviser, Department of Commerce, India. Delegates from the High Commission of India in South Africa, Department for Promotion of Industry and Internal Trade, and Ministry of Agriculture and Farmers’ Welfare also attended.

Key areas of potential collaboration included pharmaceuticals, healthcare, agriculture, micro, small and medium enterprises, and jewellery manufacturing. Topics discussed covered revival of the Chief Executive Officer Forum, investment cooperation, agricultural market access, recognition of Indian Pharmacopoeia, Local Currency Settlement System, fast payment systems, and India-Southern African Customs Union Preferential Trade Agreement.

Bilateral trade between India and South Africa stood at USD 19.25 Bn in 2023–24. Indian investments in South Africa from April 2000 to September 2024 exceeded USD 1.3 Bn, spanning sectors such as pharmaceuticals, information technology, automotive, banking, and mining.

The dialogue highlighted the strong and special relationship between India and South Africa.

Source: Ministry of Commerce and Industry, Press Information Bureau (PIB) Release

A nine-member Indian delegation participated in the second session of the India-South Africa Joint Working Group on Trade and Investment (JWGTI) held in Pretoria from 22 to 23 April 2025. Discussions were conducted in a cordial atmosphere, focusing on expanding trade ties, boosting investments, and fostering greater people-to-people exchanges. The meeting was co-chaired by Malose Letsoalo, Chief Director, Bilateral Trade Relations, Department of Trade, Industry and Competition of South Africa, and Priya Nair, Economic Adviser, Department of Commerce, India. Delegates from the High Commission of India in South Africa, Department for Promotion of Industry and Internal Trade, and Ministry of Agriculture and Farmers’ Welfare also attended. Key areas of potential collaboration included pharmaceuticals, healthcare, agriculture, micro, small and medium enterprises, and jewellery manufacturing. Topics discussed covered revival of the Chief Executive Officer Forum, investment cooperation, agricultural market access, recognition of Indian Pharmacopoeia, Local Currency Settlement System, fast payment systems, and India-Southern African Customs Union Preferential Trade Agreement. Bilateral trade between India and South Africa stood at USD 19.25 Bn in 2023–24. Indian investments in South Africa from April 2000 to September 2024 exceeded USD 1.3 Bn, spanning sectors such as pharmaceuticals, information technology, automotive, banking, and mining. The dialogue highlighted the strong and special relationship between India and South Africa. Source: Ministry of Commerce and Industry, Press Information Bureau (PIB) Release

Next Story
Infrastructure Urban

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Next Story
Real Estate

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Next Story
Infrastructure Transport

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?