Leapfrogging India-Kenya bilateral Trade & Investment - Vision 2018

Leapfrogging India-Kenya bilateral Trade & Investment - Vision 2018

HIGH COMMISSION OF INDIA

NAIROBI

PRESS RELEASE

          In order to sustain and further strengthen the momentum generated by the recent exchange of high level visits between India and Kenya – that of Prime Minister Narendra Modi to Kenya in July, 2016 and President Uhuru Kenyatta to India in January 2017 – the High Commission of India organized a full-day business event titled “Leapfrogging India-Kenya bilateral Trade & Investment – Vision 2018” at the Capital Club, Westlands, Nairobi on Wednesday, 15th February, 2017.  The Hon’ble Cabinet Secretary for Industry, Trade & Cooperatives, H.E. Mr. Adan Mohamed graced the inauguration and delivered the Keynote Address at this Forum.

The event was attended by Senior officials of the Government of Kenya, representatives of various Trade Bodies, Industry leaders and leading Indian businessmen present in Kenya.  Dignitaries who attended the event include Mr. Kiprono Kittony, Chairman of Kenya National Chambers of Commerce & Inudstry, Dr. Manu Chandaria, Industrialist, Dr. Moses Ikiara, MD of Keninvest, Mr. Silvester Kasuku, DG, LAPSSET Corridor Development Authority, Mr. Jonathan Chifally, General Manager(Investments) of EPZ Authority, Mr. Rajeev Arora, Advisor for Textile Value Chain and Mr. Yassin Awale, Advisor for Leather Sector, Ministry of Industry, Trade & Cooperatives, Mr. Nzuki Waita, National Coordinator, ITC-SITA, members of the Kenya- India Joint Business Council, Mr. Timothy Tiampati, MD of IDB Capital Ltd., Dr. Thomas Kipkurgat, MD of Rivatex, etc.  Representatives of Indian companies in Kenya and CEOs of major Banks like Bank of India, Standard Chartered also attended the event.

Presentations were made by Government of Kenya organizations like Keninvest, LAPSSET Corridor Development Authority, Vision 2030 Secretariat, Konza Techopolis Development Authority, EPZ Authority etc. as well as Senior Representatives of Indian companies operating in Kenya like Tata Motors, Mahindra, Hero, L&T, Godrej etc. Mr. Nzuki Waita, National Coordinator, International Trade Centre – Supporting Indian Trade and Investments in Africa (ITC-SITA) also made a presentation.  The two Advisors to Government of Kenya – Mr. Rajeev Arora (Textile Value Chain) and Mr. Yassin Awale (Leather) also addressed the Forum.

          The Forum discussed various means and ways of increasing India-Kenya Trade and Investments as well as experience and expectations of leading Indian companies operating in Kenya. The focus areas of the deliberations would be factored in by the policy makers in the Government of India, Government of Kenya as well as the private sector in both the countries.

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