11.07.2015 Views

Linking Africa and India - new media

Linking Africa and India - new media

Linking Africa and India - new media

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

INITIATIVEamongst <strong>India</strong>n businessmen through their publications,bulletins <strong>and</strong> other periodicals regarding potential<strong>India</strong>n exports to <strong>Africa</strong>. They will also organizeseminars <strong>and</strong> workshops at regular intervals at variousindustrial centers to create awareness regarding theuntapped potential that exists in the region for exportinggoods.INDIAN DIPLOMATIC MISSIONS IN AFRICAPROFILES OFTHE SEVENF O C U SCOUNTRIESETHIOPIAEthiopia, witha population of65.8 million,accounted for aGDP of $ 6.2billion, growing at an impressive 7.7 per cent. <strong>India</strong>'s worth $ 15.99bilateral trade with Ethiopia was $10.46 million in 2003million in 2003, upagainst $ 18.44 million in 2002. Ethiopian imports fromfrom $3.27 in 2002<strong>India</strong> consist mainly of steel <strong>and</strong> iron. It exports to <strong>India</strong>while its exportsraw hides <strong>and</strong> skins, cotton <strong>and</strong> pulses.touched $ 163.5,GHANAthe previous year's $32.02 million. Kenya imports drugs<strong>and</strong> pharmaceuticals, machinery <strong>and</strong> metals productsfrom <strong>India</strong> <strong>and</strong> exports inorganic chemicals, pulses <strong>and</strong>tea among other products.S O U T HAFRICAThe <strong>India</strong>n missions located in <strong>Africa</strong>n countries havebeen instructed to organize catalogue/brochureexhibitions, provide regular feedback on implementationof the programme, play a proactive role in coordinatingpromotional measures like organization of Buyer-Seller-Meets, visit of delegations <strong>and</strong> participation in tradefairs, carry out market surveys for the specified productsin collaboration with the ITPO <strong>and</strong> concerned EPCs <strong>and</strong>send processed/usable information in bulletins to theEPCs on focus productsSouth <strong>Africa</strong>,w i t h apopulation of43.2 millionaccounted for aGDP of $ 113.3billion in 2001at an annualgrowth rate of1.2 per cent. <strong>India</strong>n exports to South <strong>Africa</strong> accounted for$471.34 million at the end of March 2003 up 33.23 percent over the previous year's $353.77 million. Rice, worth$132.86 million, was the main commodity that wasimported.MARITIUSMauritius, with a population of 1.2 million (Year 2001)accounted for aGDP of $ 4.5 billionon an annualgrowth of 6.1 percent. <strong>India</strong>imported productsslightly more thanthe previous year's $165 million. Mauritius importsmainly cotton from <strong>India</strong> <strong>and</strong> exports pearls, preciousGhana is acountry with a stones to this country..population of NIGERIA19.7 million, <strong>and</strong>a GDP of $ 5.3Nigeria, with a population of 129.9 million posted a GDPbillion, whichof $ 41.2 billion in 2001 at an annual growth rate of 1.5has been growingper cent. <strong>India</strong>'s exports to Nigeria accounted for $445.7at an average 4.0million in 2003, down from $564.47 million in theper cent per year.previous year. <strong>India</strong>'s imports from Nigeria in 2003<strong>India</strong>'s bilateralamounted to $77.05 million against $ 87.million in thetrade with Ghanaprevious year. <strong>India</strong> exported to Nigeria machinery,stood at $ 18.4 million as on March 2003, down fromvehicles <strong>and</strong> electrical equipment <strong>and</strong> imported from$19.97 million in 2002. <strong>India</strong> imports wood <strong>and</strong> woodthat country wood <strong>and</strong> wood products <strong>and</strong> metal scrap.products <strong>and</strong> metal scrap from Ghana. Drugs <strong>and</strong> TANZANIApharmaceuticals, cotton yarn <strong>and</strong> fabrics, machinery <strong>and</strong>Tanzania , with a population of 34.5 million accountedmetal productsfor a GDP of $9.3 billion, with an annual growth of 2.9 perKENYAcent in 2001. <strong>India</strong>'s exports to Tanzania accounted forKenya, with a population of 30.8 million, posted a GDP of$114.5 million in 2003, up from $90.99 million in the$11.4 billion in 2001 (the latest available), whichprevious year. <strong>India</strong>'s imports stood at $90.31 million inregistered a negative (minus) growth of 0.9 per cent 2003, up from $76.27 million in the previous year. <strong>India</strong>during the year. <strong>India</strong>'s bilateral trade with Kenya stood atexported cotton fabrics, machinery <strong>and</strong> pharmaceuticals$33.13 million in March 2003, marginally higher thanwhile it imported cashew nuts <strong>and</strong> precious <strong>and</strong> semipreciousstones from Tanzania.INDO-AFRICAN BUSINESS 14August-October 2004

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!