India-Africa Relations and the Changing Global Order
India and Africa share a longstanding partnership, witnessing growth in trade from US$ 68.5 billion in 2011-12 to US$ 90.5 billion in 2022-23. India's investment in Africa amounts to US$ 73.9 billion between 1996 and 2022.
Key Aspects of India-Africa Relations
- Economic Opportunities: Africa offers significant potential as an untapped market for Indian businesses, particularly in sectors like textiles, pharmaceuticals, automobiles, and light machinery.
- Development Assistance: The Indian Technical and Economic Cooperation (ITEC) program provides training and capacity-building initiatives for African professionals, while India extends lines of credit and grants for infrastructure projects, agricultural development, and capacity enhancement.
- Healthcare Collaboration: Indian pharmaceutical ....
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