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Around 549 projects worth around $85.37 billion were discussed at the just concluded India-Africa conclave. African nations have evinced keen interest in Indian businesses ranging from agriculture, energy, rail link to healthcare.... |
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The Export-Import Bank of India (EXIM) is planning to set up a project development company with the African Development Bank (AfDB) to encourage public-private partnership (PPP) projects in Africa, Yaduvendra Mathur, chairman and managing director of the export finance institution, said here.... |
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India can aspire to quadruple its revenues from Africa to $160 billion by 2025 by developing its presence in sectors where it has a unique value proposition in areas such as IT, agriculture, infrastructure, pharmaceuticals and consumer goods, says a McKinsey report released Monday.
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Indian tractor manufacturer Sonalika International, which annually exports 6,000 units to Africa, is planning to add two more assembly plants to build on the three existing facilities in order to tap the potenial of the huge unutilised arable land bank of the 54-nation continent.... |
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The Democratic Republic of Congo Tuesday suggested the setting up of a forum for young entrepreneurs from India and Africa to leverage the potential between the two sides.... |
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A new initiative has India partnering with African countries to empower African women by developing skills that already exist within them.... |
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The Indian Cotton Federation (ICF) is keen on investing in cotton development in Africa.... |
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A business delegation from Gujarat said that there are opportunities for India and South Africa in the small scale sector and was buoyant about increasing bilateral cooperation.... |
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Lines of Credit worth more than $1 billion extended by India to Ethiopia have helped the landlocked country build its sugar and power industries and rail network, Ambassador Gennet Zewide said here Monday.... |
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A new Exim Bank Line of Credit for Africa has been introduced to speed up infrastructure project development in the continent, Commerce Minister Anand Sharma said here Sunday.... |
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India Inc. Monday said it can help build infrastructure and expand growth in Africa by using cheap funds from third countries like Japan and Singapore.... |
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Uganda is seeking Indian investments and expertise in expanding its industrial base and is ready to provide India Inc. a gateway to the 150 million people-strong East Africa market.... |
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It was arguably his most important business pitch and Naveen Tewari decided to go for broke. The cofounder of mobile advertising technology maker InMobi asked Japanese billionaire Masayoshi Son to invest $250 million (Rs 1,500 crore) in his startup, which until then had received about $15 million (Rs 92 crore) in venture funding. After several confabulations Son, the chief executive of SoftBank, agreed to invest $200 million (Rs 1,237 crore at current rates) catapulting Tewari's then four-year venture into instant stardom with a valuation of over $1 billion (Rs 6,100 crore). ... |
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India and the African countries should mull forming a working group to explore healthcare cooperation, stakeholders and experts said here Monday.... |
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Stressing that India's pharmaceutical technology was appropriate for Africa, Commerce Minister Anand Sharma said India is committed to making available to developing countries newer generation life-saving drugs also.... |
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Zimbabwe Tuesday invited Indian companies to partner it in "kick-starting" its agricultural development after a series of setbacks to the sector.... |
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For Bengali films, the preferred destination to shoot song sequences is Thailand or Malaysia - because it's cheaper to arrange logistics there than at other foreign locales.... |
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Kenya, home to the famed Maasai Mara national reserve, plans to lure one lakh Indian tourists in the next two years with the focus on developing regional markets in cities like Kolkata, Jaipur, Lucknow and Chandigarh.... |
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