Thursday, August 23, 2007

India, South Africa Trade To Reach $12Bn By 2010

Hyderabad: The trade between Indian and South Africa is set to touch the $12-billion mark by 2010 from the $6 billion. South Africa could offer its expertise in mining, agri-processing and wine making. On the other hand, India could assist South Africa in the areas of skill development to help it sustain the high growth rates it was recording in the last few years. Citing initiatives by Satyam Computer, the Indian private sector could contribute a lot in the areas of skill development. South African Government will help the Indian entrepreneurs in exploring the trade and business opportunities.

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