India is set to increase its bilateral trade and investment ties with the African continent with over US$62 billion trade and more than US$54 billion investments having been released so far for the continent.
India has deepened its partnership and engagement across the African continent in various sectors of the economy that include health, education, infrastructure development as well as trade and investment.
Speaking on the sidelines of India’s 72nd independence celebrations today, Indian Ambassador to Zimbabwe Mr Rungsung Masakui said his country is proud to be Africa’s development partner.
India attained its independence on the 15th of August in 1947.
The country is rich in cultural heritage and is a repository of diverse cultures.
In Zimbabwe, the Asian economy exports finished goods such as pharmaceuticals, tractors, and electricals with Zimbabwe exporting mainly raw materials to India.