Rwanda will use the forth coming India Automation expo in Mumbai to root for investors in the manufacturing sector, private sector federation officials have said.
The country has been invited to participate in the industrial technology exposition, Automation 2014, in Mumbai from October 15-18 as a partner country to promote Indian industries in Africa.
“Rwanda will participate in the ninth edition of Automation as a partner country with other African countries,” the organisers said in a statement released on Monday.
Ephrem Karangwa, the in charge of Trade exhibition at Private sector federation said that the expo is an opportunity for local manufacturers to market their products and forge business partnerships with Indian manufacturers.
“Any business expo is an opportunity for the private sector in terms of business partnerships, sharing knowledge and most importantly trying to use the platform to market our locally made products.
“As an attractive destination for foreign investments, Rwanda offers a great opportunity for Indians to do business. Ranked as the third best African country in the latest global competitive index report, it has a new Special Economic Zone in Kigali and plans to have more such zones in the districts,” India Expo Department managing director Arokia Swamy said in the statement.
Indian investors are looking ahead to exploit the country’s conducive business climate and scale up investments in the agriculture, construction, mining and energy other sectors.
This is therefore an opportunity for the private sector to target some of these investors during the expo.
Meanwhile, the country has also been invited to be part of the regional manufactures’ trade fare in Kampala, Anne Rwiga, the Secretary general, Rwanda manufacturers Association told The New Times.