S African companies are increasingly enquiring about new areas of collaboration in India, following intensified efforts by the Indian High Commission and its consulates in the country as well as a drive by Invest India.
This emerged following a two-day interaction with local business leaders hosted by Invest India, at which Madhumitha Ramanathan, Co-Head of the Global Outreach Division of Invest India, shared the opportunities available and the new environment to make it easier to invest in India.
Invest India is the country's official agency dedicated to investment promotion and facilitation. It has also been envisaged to be the first point of reference for potential investors.
The huge India-South Africa Business Forum hosted in Johannesburg in April this year set the ball rolling to renew interest in investing in India, with the Ministers from both countries reminding the captains of business and industry from both sides of the special relationship between India and South Africa, Ramanathan told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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