India to explore avenues to boost exports to Kenya
NEW DELHI: India will explore opportunities to increase exports of petroleum products, cars and motorcycles, and mobile phones to Kenya during the joint trade committee meeting of the two countries beginning Thursday, sources said.
The Eighth Session of the India-kenya Joint Trade Committee Meeting is being held in Nairobi, the capital city of the African nation. India is the second largest investor in Kenya according to Keninvest. The bilateral trade was valued at $2.05 billion in 2017-18.
"We are keen to explore new opportunities in logistics, agriculture, energy, pharma and many other sectors with Kenya," Commerce Minister Suresh Prabhu said in a tweet after landing in Kenya. According to the sources, India has identified petroleum products (medium and light oils); medicaments for therapeutic or prophylactic purposes; motor vehicles/cars/motorcycles and products of iron and steel, as potential products to increase its exports to Kenya.
Cane or beet sugar, wheat and meslin, cement clinkers, aeroplanes and other powered aircraft, telephones for cellu
lar networks or for other wire
less networks, self-propelled mechanical shovels, excavators and shovel loaders and polypropylene, are other products which India sees as "potential products" of exports.