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Equity Bank Uganda customers to engage Tata, Ashok Leyland executives at Serena

 

Last year, India showcased knowledge and potential in the Solar & Power sectors. Indian top businessmen will be In Kampala again this week.

Kampala, Uganda | THE INDEPENDENT | Kampala Serena Conference Centre will be the place to be for the next two days as a high powered delegation from India meets Ugandan businessmen and entrepreneurs courtesy of  Equity Group. The delegation of 18 top Indian business leaders includes the Vice President of TATA and the CEO of APTECH.

In a statement, Equity Bank Uganda said Equity Group had invited the Confederation of Indian Industries (CII) to attend the India-Uganda Trade Mission scheduled to take place from October 22 – 23, 2024, in Kampala.

This significant event organized by Equity Bank Uganda in collaboration with the Confederation of Indian Industries (CII), aims to strengthen trade relations and economic cooperation between Uganda and India. After a brief opening ceremony tomorrow, October 22, Equity Bank clients and stakeholders will have the opportunity to directly engage the visitors, to be followed by more discussions with government officials and ministers.

The trade mission will bring together high-level representatives from various sectors, including agriculture, manufacturing, ICT, health, infrastructure, roads and transport, to foster meaningful business engagements, explore investment opportunities, and promote bilateral trade.

The Trade Mission will run under the theme, “Facilitating Partnerships for Sustainable and Inclusive Growth”

Companies on the visit include leading Indian brands such as Aptech, Airtel, Ashok Leyland and Tata Motors.

Confederation of Indian Industry (CII) is a non-government, not-for-profit, industry-led, industry-managed organization that links business to governments.

India remains one of Uganda’s top investors, with investments totaling $500 million in 2019. Bilateral trade stood at US$ 1.3 billion, with India exporting pharmaceuticals, automobiles, and textiles, while importing tea, wood, and wood products from Uganda

Uganda and India have enjoyed cordial relations since India established its diplomatic presence in Uganda in 1965. The relationship between the two countries is built on historical cultural linkages, extensive economic and trade interests, and a shared commitment to democracy.

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