Indian investors zealous to invest in Zimbabwe

By Sam Mupedziswa

ZIMBABWE’s presentation at the India-Africa Business Conclave in August this year has started to  generate significant interest among Indian companies looking to invest in the country. 

A delegation from the Confederation of Indian Industry paid a courtesy call on Vice President Gen (Rtd) Dr. Constantino Guveya Dominic Nyikadzino Chiwenga at his Munhumutapa offices. 

The delegation consists of business people drawn from the agro-processing, pharmaceuticals and ICT. Government Ministers in Harare this Monday, explored business opportunities in various sectors of the economy. 

The visit comes after Vice President Chiwenga’s participation at the India-Africa Business Conclave in August this year. 

“We can truly say that we are going to be going back as goodwill ambassadors of Zimbabwe and there are a lot of areas that we have discussed for cooperation, such as; innovations in agriculture, technology, infrastructure development, healthcare, and solar amongst other renewable energies,” leader of the delegation, Mr Rahul Mutha said. 

“Like what the Vice President has said, we are connected, India and Zimbabwe are connected like an umbilical cord and we can’t negate that. As young businessmen, we commit that we are going to be coming forward with innovative solutions and investments in these areas and see to it that there are ample opportunities for the people of Zimbabwe even in terms of better infrastructure, healthcare and serving this country in any way that we can,” Mutha added. 

India’s Ambassador to Zimbabwe His Excellency Bramha Kumar reaffirmed his country’s commitment to supporting Zimbabwe’s economic growth.

The Ambassador said, “Our best interest here is to support Zimbabwe in its restructuring, in its way which is the search for prosperity, and India will be able to help Zimbabwe and our South-South cooperation. Also, we have our centuries-old relations, which we value very much.” 

The Minister of Industry and Commerce, Honourable Mangaliso Ndlovu was among the delegation.