Durban: With an aim to boost trade and investment between India and South Africa, a day-long business summit would be held in Durban this month.
“The idea behind the Summit is to encourage trade and investment flows between India and Durban through information sharing on the business and investment regimes of the two countries, opportunities and potentialities and experiences of the business community,” Consulate General of India in Durban, Harsh Varshan Shringla said.
Shringla announced on Sunday that “Durban-India Business Summit” would be held at the International Convention Centre here on 26 March.
“The first part of the Summit involves a general introduction to the Indian economy and also the Durban KwaZulu-Natal economy with a view to bilateral commercial relations between the two countries,” he said.
Nearly 150 CEOs and executives of corporate houses and private companies from both the KwaZulu-Natal region and from India are expected to attend the summit.
“The second part would focus on specific trade and investment opportunities, plus any challenges between India and South Africa,” Singla added.
Sectoral presentations would also be made by the expert panels in the areas of manufacturing and infrastructure, maritime and logistics, SMME and skills development, ICT and services and tourism and entertainment.
“These would be done from both the Indian business perspectives as well as from the Durban, KwaZulu-Natal perspectives,” the Consulate General said, adding the third session would be on networking.