• Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

All data is delayed
See More

India seeks stronger trade ties with SA

Jul 10 2012 16:52
Johannesburg - India is seeking to strengthen trade ties with South Africa, especially in the small, micro and medium enterprise (SMME) space, the country's envoy said on Tuesday.

"There is nothing more effective than an SMME when it comes to job creation," said Indian high commissioner to South Africa Virendra Gupta.

"I believe that the lead of the hour is the SMME. That is the area in which (the) Indian and South African relationship can be expanded."

Gupta said more than 70 Indian companies would take part in the SA International Trade Exhibition (Saitex) this year.

These companies came from various sectors, including food and beverages, electronic equipment, sports equipment, hand tools and leisure equipment.

Gupta said the move was expected to strengthen South African trade with India, especially in the SMME market. Saitex will be held at Gallagher Estate in Midrand from July 15 to 17.

In May, the President of India, Pratibha Patil, visited South Africa with a trade delegation. Her delegation met various business organisations in SA to strengthen trade between the two countries.

India is the biggest importer of South African coal at 25 million tons a year, and more than half of South Africa's HIV drugs come from India.

*Find out breaking news on India's trade ties with South Africa on Fin24's Facebook and Twitter pages.
india  |  smme


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote