Bengaluru, March 28 (IANS) A four-day exposition showcasing Indian products and services opened Friday in Kenyan capital Nairobi to explore trade and investment opportunities by a trade delegation from India.
"We are here to improve trade and investment in diverse areas such as agro, auto components, electronics, food, healthcare, infrastructure and pharma," Federation of Indian Export Organisation (FIEO) regional chairman Walter D'Souza said in a statement on Saturday from Nairobi.
As head of the Indian trade delegation, D'Souza said with high production standards, Indian manufacturers could provide right kind of products to the African region.
Indian high commissioner to Kenya Yogeshwar Varma unveiled the expo at the Kenyatta international convention centre in the city centre, where deputy high commissioner Sushil Singhal was also present with Indian and Kenyan business community.
Asserting that the government's 'Make in India' policy would help in creating world class products and services with cost efficiency, D'Souza said both the countries should identify potentials in thrust areas for enhancing trade and investment.
Exhorting Kenyans to experience quality products and services from India offered at competitive prices, the export body representative claimed Indian investments in Kenya would double over the next five years from $1.5 billion in 2014.
Over 200 Indian products are on display at the expo ranging from agri machinery, audio and hearing equipment, auto components, cosmetics, electronics, food-processing machinery, high fashion, incense sticks to pharma.
"As Kenya is gateway for the East African region, we are focusing more on bilateral trade and investment due to labour availability in the region," D'Souza added.
Bilateral trade between the two countries grew sharply to $4.17 billion in 2014 from $1.5 billion in 2010.
The state-run FIFO is promoted by the commerce ministry of the Indian government.
The fourth Test of the Ashes series between Australia and England will be played in Manchester. A
India's position has worsened in the Global Hunger Index 2022. According to the data, India has n
Apple has launched the all-new iPhone 17 series at its 'Awe Dropping' launch event on September 9
The cases of coronavirus (Covid 19 Cases in India) have increased again in the country. Corona ca
Former Congress President Rahul Gandhi reached Haridwar on Saturday to give the edge to the party
The National Medical Commission has released the draft regulations of the National Exit Test (NEX
The Himachal Pradesh Board of School Education has released the datesheet for classes III, V, and
There are only a few days left for the T20 World Cup to begin. All the teams are busy preparing f
The state cabinet meeting was held on Wednesday under the chairmanship of Chief Minister Pushkar
Sony Pictures Films India and Sabbir Khan Films' much-awaited and much-loved action entertainer f
