India Inc eyes biz in Tanzania, Uganda
Increased trade and vast untapped resources provide conducive atmosphere for investing in Tanzania and Uganda.
By PTI |
MUMBAI: Increased trade and vast untapped resources provide conducive atmosphere for investing in Tanzania and Uganda, a senior Tata Group official said on Thursday.
India's trade with Tanzania during 2005-06 rose 18.8 per cent to $363.21 million, while trade with Uganda grew 15.6 per cent to $92.65 million, Tata International Ltd President R Balasubramaniam said.
Balasubramaniam, also member of CII Western Region Council, emphasised on the opportunities in mining, agriculture and construction at a seminar.
Providing details about the Investment Promotion Mission to Tanzania and Uganda, Masato Tsukiji, Senior Industrial Development Officer, UNIDO and Project Manager, AAITPC revealed that it would provide an opportunity for Indian businessmen who have not yet visited these countries to acquire insights into their investment climate.
"The Mission will visit Tanzania on November 29-30 and Uganda on December 3-4, 2007. We will arrange one-to-one meetings for Indian delegates with potential investment partners during these visits," Tsukiji explained.
India's trade with Tanzania during 2005-06 rose 18.8 per cent to $363.21 million, while trade with Uganda grew 15.6 per cent to $92.65 million, Tata International Ltd President R Balasubramaniam said.
Balasubramaniam, also member of CII Western Region Council, emphasised on the opportunities in mining, agriculture and construction at a seminar.
Providing details about the Investment Promotion Mission to Tanzania and Uganda, Masato Tsukiji, Senior Industrial Development Officer, UNIDO and Project Manager, AAITPC revealed that it would provide an opportunity for Indian businessmen who have not yet visited these countries to acquire insights into their investment climate.
"The Mission will visit Tanzania on November 29-30 and Uganda on December 3-4, 2007. We will arrange one-to-one meetings for Indian delegates with potential investment partners during these visits," Tsukiji explained.
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