The Uganda-India 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.
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.
Reinforcing our development partnership with Uganda, #ITECDay2024 was celebrated at the High Commission on 17 October. Chief Guest Hon. John Mulimba, Minister of State for Foreign Affairs graced the occasion. ITEC alumni shared their experiences and enjoyed Indian cuisine. pic.twitter.com/o6UGzMvdj8
— India in Uganda (@IndiainUganda) October 18, 2024
The month-long blood donation drive, launched on the occasion of the 77th Independence Day by the Indian Association Uganda and its partners at the High Commission of India in Kampala on 15th August, 2024, surpassed its target of 7,700 units by collecting 10,505 units. pic.twitter.com/86luBwYtSa
— India in Uganda (@IndiainUganda) September 21, 2024
Indian trade of over 18 will meet Ugandan entrepreneurs to discuss trade and opportunities
For more than 125 years, Cil has been engaged in shaping India’s development journey and works proactively on transforming Indian Industry’s engagement in national development. CII charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness, and business opportunities for industry through a range of specialized services and strategic global linkages.
For 2024-25, Cll has identified “Globally Competitive India: Partnerships for Sustainable and Inclusive Growth” as its Theme, prioritizing 5 key pillars. During the year, it would align its initiatives and activities to facilitate strategic actions for driving India’s global competitiveness and growth through a robust and resilient Indian industry.
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.