Indian businessmen visit Zim

A high powered business delegation from the Confederation of Indian Industry is set to embark on a three day business exploration visit to Zimbabwe on November 20.

The delegation would explore possibilities of strengthening trade, investment and economic ties between the private sectors of the two countries.

According to statement from the Zimbabwe National Chamber of Commerce, the visiting business people would be from sectors such as Construction, Infrastructure, Mining, Agriculture, Primary Dry Cell Batteries, Flash Lights, Tea, Banking, Power Transmission and Distribution, Water and Health.

Others would be from Education, Oil and Gas, Petrochemical, Pre-Engineering Buildings, Structural Steel Fabrication, Scaffolding Fitting and Accessories, Air Conditioners, Heat Exchanger Condensers and Evaporation Coils.

Sectors dealing with Industrial Coolers, Radiators, Vehicle Body Building, Telecom Network Infrastructure and Railway Electrification, Power Supply Lines and Substation, Agrochemical and Industrial Chemicals, Textiles, Foodstuffs, Plastics, Water, Energy and Agriculture among others would be explored.

India and Zimbabwe have a long history of close and cordial relations.

Bilateral trade between the two countries continued to increase over the past four years from $64.02 for trade period 2006-2007.

It went on to rise to $125 million in 2011 and the trend is expected to continue as a result of the coming visit.

Post published in: Business
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