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ndia and Africa has poised to grow together. Indian companies investing in Africa now will gain access to a larger regional market in Africa. Bilateral trade between India and Africa in 2000 was around $3 billion. Later the trade shot up from $25 billion in 2006-07 to $70 billion in 2012-13. However, the Indian government aspires to touch $200 billion mark before 2020.
Like any other emerging region of the world, Africa offers diverse opportunities alongside a few bottlenecks, for trade and investments. Here is the slide of 10 strategies Indian companies will need to adopt 10 common imperatives identified by studying successful and unsuccessful MNC businesses in Africa.