Indian Ambassador Bramha Kumar told attendees at a Harare business seminar that his country's investors dropped over $600 million into Zimbabwean manufacturing operations that employ more than 15,000 locals, and bilateral trade hit $250 million with Zimbabwe shipping $46 million worth of goods back to India. Deputy Minister Raj Modi connected the event to Vision 2030 goals, while noting roughly 10,000 people of Indian descent live in Zimbabwe, and about 5,000 Zimbabwean students are enrolled at Indian universities.
ZimTrade representatives said the trade balance skews heavily toward India, which exports pharmaceuticals, machinery, plastics, and vehicles worth around $189 million, compared to Zimbabwe's exports that lean heavily on tobacco. Investment official Silibaziso Chizwina mentioned ZIDA launched an aftercare unit to help foreign businesses navigate problems after they set up shop locally.
ZimTrade representatives said the trade balance skews heavily toward India, which exports pharmaceuticals, machinery, plastics, and vehicles worth around $189 million, compared to Zimbabwe's exports that lean heavily on tobacco. Investment official Silibaziso Chizwina mentioned ZIDA launched an aftercare unit to help foreign businesses navigate problems after they set up shop locally.
