India

South-South Trade and Investment
Contact
First name
Govind
Last name
Venuprasad

Sustainable Development Goals

This project contributes to the following Sustainable Development Goals, as defined by the 2030 Agenda for Sustainable Development.

<p>To investigate the potential of expanding investment (and trade) linkages between India and Africa, capitalizing on the structural changes and resulting opportunities brought forth by the African Continental Free Trade Area (AfCFTA). &nbsp;</p><p>Will assess constraints and opportunities in each of these four areas and provide concrete recommendations for policy action. In addition, several transversal thematic areas will be probed and emphasized upon &ndash; technology and knowledge transfer, south-south cooperation at the institutional level, developing technical capacities, and environmental sustainability. The paper can eventually evolve into a strategic action plan for both policymakers and the private sector in India.</p><p>The objective is to analyze opportunities for enhancing Indian investment in Africa from four perspectives - automotive, pharmaceutical, agro-processing, textile, and renewable energy -with case studies in each to describe working models which may enhance business interest and highlight potential.</p><p>Case studies on investments under Supporting Indian Trade and Investment for Africa (SITA) will also be updated to reflect the current, post-investment operating environment.</p><p><br></p>

Type
Project
Date
-
External ID
C106
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Off
Supporting Indian trade and investment for Africa (SITA)
Contact
First name
Govind
Last name
Venuprasad
Body

Context

Fostering economic development through trade

The International Trade Centre (ITC) is engaging India’s powerhouse economy, its know-how, technology and investment strength to invigorate exports from Ethiopia, Kenya, Rwanda, Tanzania and Uganda.   

Through the Supporting Indian Trade and Investment for Africa (SITA) project, ITC is working with small businesses in East Africa in the technology, textile and apparel sectors, pulses, spices, and sunflower oil, and partnering them with institutions and businesses from India.  

For example, In Rwanda and Kenya we are helping farmers to grow rosemary commercially alongside their main crops. By diversifying into produce with increasing demand, farmers get a steady secondary income, which leads to greater economic resilience, and more jobs for predominantly female workers.  

We also mentored 300 East African women in business and technical expertise and provided 72 women entrepreneurs with e-commerce platforms to market their brands globally.  

Our goal is to increase job opportunities and incomes and foster economic development through trade. Through SITA, ITC has facilitated $69 million worth of additional exports from these five East African countries to India and elsewhere, and $111 million of investments from small and medium-sized enterprises (SMEs) in India to East Africa. 

 

KPR Mill Ltd, an integrated textile manufacturing company from India, opened its first overseas garment unit, in Ethiopia’s Mekelle Industrial Park in 2019, in an investment facilitated by SITA

 

ITC through SITA, has facilitated $69 million of additional trade and $111 million of investment between SMEs in India and five East African countries.
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SITA/ MItreeki Initiative has been crucial to elevating my brand and vision. It has played an instrumental role in Afropian's transformation.
SITA/ MItreeki Initiative has been crucial to elevating my brand and vision. It has played an instrumental role in Afropian's transformation.
Hortense Mbea
Afropian, Ethiopia, Woman fashion-preneur
Through SITA/Mitreeki we were able to meet a reputable Indian buyer that has given us a 10 year buy-back contract, providing assurance and shielding us from market forces. On our own, we would not have been able to achieve that.
Through SITA/Mitreeki we were able to meet a reputable Indian buyer that has given us a 10 year buy-back contract, providing assurance and shielding us from market forces. On our own, we would not have been able to achieve that.
Carolin Chepkemboi Tormoi
Co-Founder, Eldo Tea, Kenya
SITA plays a crucial role in ensuring that business relationships between buyers in India and East African sellers meet the highest standards and commitment. I thank them for that.
SITA plays a crucial role in ensuring that business relationships between buyers in India and East African sellers meet the highest standards and commitment. I thank them for that.
Geemon Korah
Mane Kancor, India
We are very fortunate that SITA has been with us, organizing a training to help us improve our practices towards environmental compliance.
We are very fortunate that SITA has been with us, organizing a training to help us improve our practices towards environmental compliance.
Professor Thomas Kipkurgat
Rivatex East Africa Limited, Kenya

Video

4 March 2022

Resources

Sustainable Development Goals

This project contributes to the following Sustainable Development Goals, as defined by the 2030 Agenda for Sustainable Development.

<p>Supporting Indian Trade and Investment for Africa (SITA) is a South-South Trade and Investment Cooperation Programme. It is the United Kingdom&rsquo;s (FCDO) first Aid-for-Trade initiative in Triangular Cooperation. Implemented by the International Trade Centre (ITC), SITA has facilitated USD 60 million of additional trade and USD 111 million of investment between SMEs in India and five East African countries &ndash; Ethiopia, Kenya, Rwanda, Tanzania and Uganda. SITA delivers durable impact by developing productive and technical capacities, generating jobs, enabling technology and knowledge transfer, and creating networks between business support institutions. The programme focuses on empowering women and youth in sectors as diverse as high-value agriculture and light manufacturing, while environmental compliance and climate-smart practices underpin SITA&rsquo;s economic outcomes.</p>

Type
Project
Date
-
External ID
A854
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On
Enhancing Transparency and Traceability of Sustainable Textile Value Chains
Contact
First name
Duc
Last name
Dang
Email
dang@intracen.org
Body

Sustainable Development Goals

This project contributes to the following Sustainable Development Goals, as defined by the 2030 Agenda for Sustainable Development.

<p>Clothing is one of the largest industries in the world economy employing 60 to 75 million people worldwide. The negative social and environmental impacts of the fashion industry have been well documented, demonstrating that these impacts mostly occur within the upstream portion of the value chain. Improving traceability is a priority in order to determine how and where parts and components in production processes have been sourced and what are the environmental, social and health risks in the value chain. The action will support enhanced transparency and traceability in garment value chains, through the development of an IT &apos;track and trace&apos; platform that offers customized and open self-assessment and data sharing solutions for value chain stakeholders. Alongside the implementation of this platform, ITC will deliver a training and continuous improvement programme and, in collaboration with private sector partners, implement in a subset of textile and garment oriented countries.</p>

Type
Project
Date
-
External ID
B893
Asia and the Pacific
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The new Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) that came into force in January 2022 covers a third of the world economy and will eliminate 90% of tariffs among 15 East Asian and Pacific countries. The agreement will also reduce costs and improve policy cooperation for the benefit of micro, small and medium-sized enterprises which are the engine of most economies. ITC will focus on the ability of these enterprises to compete on sustainable and specialty goods and services.

Region (for relations)
Header color
Cyan
Import hash
-1710272662
External ID
RAS