Trade & Investment Between India - Africa: A South - South Enduring Engagement

Abstract

The research dealt with trading relations between India and Africa and how over the period trade and investment strengthened in some areas. This paper analyses the trade and investment areas between India and Africa in three sections. The first section deals with India’s exports and imports, the second one with investment and third identifies and addresses the problems and prospects. Further, it suggests strategies to overcome hurdles to foster development in trade and investment. Trade and investment can be fortified in Pan-Africa, region-wise, and bilateral basis. India and Africa have had good socio-cultural, political, economic, and trade relations from ancient times. After the II World War, many Afro-Asian nations gained independence, thus leading to strengthening relations among them. India always supported African countries in their struggle for independence, apartheid, and UN Peace Missions. However, India and Africa have started trade and investment in enduring their engagement further. The conclusion focused on steps may be taken to endure the engagement between India and Africa.