Author(s): Ratna Vadra
In the last few years, the economic ties between India and Africa have followed an upward trend due to the economic and technological boom in India. Apart from the trade relations India investment has substantially increased in African continent as it holds a great potential. This paper presents the merchandise trade between India and Africa and the emergence of investment opportunities in Africa. It also provides a systematic analysis of the current scenario of business of India with Africa along with possible recommendations. The paper is organized as follows. Section 1 is the introduction, Section 2 discusses the literature review and Section 3 discusses the reasons for an increase in trade and Indian investment in Africa followed by Section 4 that discusses the trade scenario of India with Africa. Finally, Section 5 discusses the conclusion. The main objective of the study is to find out the reasons which led to an increase in India’s trade with Africa. The trade between India and Africa as a whole and region wise is analysed from period 2000 to 2018.