India-Kenya Trade and Investment Forum with the Hon'ble President of Kenya
Dec 05, 2023
Chamber India participated in the India -Kenya Trade and Investment Forum, presided by H.E. Dr. William Samoei Ruto, Hon'ble President of the Republic of Kenya & Commander-in-Chief of the Defence Forces and Dr. Mansukh Mandviya, Hon'ble Union Minister of Health & Family Welfare.
Hon'ble President Dr. Ruto extended a warm invitation to Indian companies in the renewable energy sector to invest in Kenya's Special Economic Zones.
The addressal was very welcoming and set the tone for a promising partnership between India and Kenya.
India is the 3rd largest trading partner of Kenya. The bilateral trade is worth 3.39 billion USD with Indian exports worth 3.274 billion and imports worth 116.6 million. According to the Kenya Investment Authority, India is one of the top investors in Kenya. Over 200 Indian companies are present in various sectors including manufacturing, pharmaceuticals, telecom, IT & ITES, banking and agro-based industries.
