Indian exhibitors have officially inaugurated a source India trade expo aimed at strengthening trade ties between Kenya and India and the entire African region.
Various investors from 17 companies in India exhibiting latest technology were present during the inauguration seeking to promote industrialization and growth in East Africa.
Addressing various stakeholders during the inauguration ceremony in Nairobi, Laban Onditi Chair of the National Chamber of Commerce said that the private sector in Kenya is at the fore front to foster economic stability and to ensure successful trade.
“The private sector is working hard to clear any obstacles that trigger corruption to investors for smooth business in Africa”, said Mr. Onditi.
He added that the regional chambers of commerce like South African Development Community (SADC), Economic Community of West African States (ECOWAS) and the East Africa Community are working with the Kenyan government closely to boost economy in Africa.
Other Indian trade partners in Kenya praised this nation for its outstanding economic growth in the entire East African region and hence indicated interest to sign economic agreements for the best.
The India trade expo is the first one to ever happen in Kenya after the Indian Prime minister Narendra Modi visited the Country last year in July and assured President Kenyatta of boosting trade ties in the African continent.
On the other hand, President Uhuru Kenyatta has promised to partner work closed with India in the political, social economic sphere.
The trade expo will see Kenya embrace diverse and latest technology across the world to help the nation grow very fast with other fast growing economies.