Southern Africa is rapidly emerging as a beacon of economic dynamism, enterprise and innovation. Southern African countries are increasingly identified with an appetite for reform and concrete steps for liberalising their economy and improving governance. Investment eco-systems and requirements vary across countries, but the potential for investment is huge in areas of mining, manufacturing, energy and power, agriculture & agro-processing, energy, including hydrocarbons & renewables, and transport & construction, among others. The emergence of the services sector is an unfolding story, offering huge opportunities in areas of financial services, management consultancy, education, skill development, health and tourism.
In recent years, the region is getting top-level diplomatic attention from India with many two-way high-level visits and has seen increased investment by Indian companies. This session will take a big-picture view of multi-dimensional India-Southern Africa economic relations, identify opportunities for enhancing Indian engagement and investment and focus on addressing challenges and constraints