JOHANNESBURG: Trade between India and South Africa picked momentum in 2024 after a sluggish spell following the COVID-19 pandemic. The two countries also marked the 30th anniversary of the resumption of their diplomatic ties this year.
Bilateral trade totalled USD 19 billion in the year, surpassing the pre-pandemic figure.
“We hosted several high-profile Invest India events in partnership with local institutions. An India-South Africa Investment Network was formed to drive more connections and conversations among the investment community. We hosted several capacity-building sessions for South African entrepreneurs through India Entrepreneurs Forum,” India’s Consul General Mahesh Kumar said.
Source: PTI News
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