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India-Tanzania bilateral trade reached $6.4 billion, with Tanzania being described as the focal point of India’s relations with the African continent. The Indian-assisted development projects being undertaken in Tanzania are valued at US $1.2 billion.
India-Tanzania bilateral trade reached $6.4 billion, with Tanzania being described as the focal point of India’s relations with the African continent. The Indian-assisted development projects being undertaken in Tanzania are valued at US $1.2 billion.
The Indian Communities in Tanzania are the leading investors in the country, there are more Indians who are keen to set up more enterprises in the country. Gold, unwrought or in semi-manufactured forms, or in powder form dried leguminous vegetables, shelled Coconuts, Brazil nuts, and cashew nuts are among other products that are highly demanded in India
Indian-made motorcycles under the Boxer trademark manufactured by Bajaj are one of the most popular in Tanzania alongside their scooter and three-wheeled variants. But other than the vehicles Tanzania also imports from India things like Petroleum and oil obtained from bituminous minerals, Medicines, Turbo-Jets, turbo-propellers and other gas turbines, Electrical transformers, static converters and inductors and cycles fitted with auxiliary motors.
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Participating in India’s 77th Independence Day celebration in Arusha, Dotto Biteko, the Minister of Minerals invited people from India to invest in the mining sector of Tanzania. He further stated that Indians who are already there in the industry were doing very well. According to him, so far there are 50,000 Tanzanians of India origin while the country is also hosting 20,000 other Indian nationals or those holding Indian passports living in Tanzania.
