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Indian Entrepreneurs In Africa Silently Making Good Money

Indian Entrepreneurs In Africa Silently Making Good Money

From News Track India

Indians are quietly making good money in Africa. Unlike the Indians in Britain and the US, they go quietly about it. As individuals or corporations, Indians rake in the moolah, contribute to the local economies and national progress. All these achievements hardly ever make news in India.

The big investors from India are doing very well indeed, thank you. Competing against global MNCs, the Indian investors have established themselves in traditional industries, agriculture and new ones like IT.

Once in a while, the Indian media carries news about Airtel or Tata on their expansion drives or forays into new avenues/countries. The profits they rake in are kept under wraps.

One gets a peek at the Indian settlement and contribution in a new book, “Indians in Emerging Africa” by K. Sital (published by ‘The Indian’ magazine in Hong Kong) who covers Indian involvement in nine African countries: Nigeria, Ghana, Tanzania, Uganda, Kenya, Zimbabwe, South Africa, Rwanda and Burundi. A successful businessman in Hong Kong, Sital has published and edited an NRI magazine for over 40 years.

Why only these African countries? Because Sital travelled to these countries where he has good contacts and met the leading Indian entrepreneurs and industrialists, and wrote their profiles with an overview of Indian contribution. This personal effort is commendable instead of researching in New Delhi or even worse, surfing the Internet.

Indians are not settled in large numbers in all 52 African countries as some have a few hundred or even less. But in some countries like Zambia, they have a key presence. However, the inclusion of Rwanda and Burundi is laudable because very little is known about Indian activities in these two small countries west of Uganda.

Written by Kul Bhushan | Read more at News Track India