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ABOUT EVENT

 The 2nd edition of ‘India – South Africa Business Summit’ is being organised by CII in partnership with Indian High Commission in South Africa and South African High Commission in India.

The primary objective of the summit is to promote cooperation in the key sectors such as Defence and Mining / Mining Equipment industry. The Summit will help in promoting Indian and South African companies already doing successful business or have potential interest for doing business in the two countries and allow them to network with stakeholders.

Focus Sectors:

Defence: The Defence industry of India and South Africa have their individual strengths, capabilities and requirements that could plug into mutually beneficial collaborations. India, which was among the top five countries with the highest military spending in 2019 could also prove to be an excellent market for South African Defence exports. For India, besides helping in building domestic capabilities, partnering with South African companies could bolster its own long-term exports. Low cost of manufacturing; export financing and lines of credit, as well as a favourable regulatory environment are some of the key advantages for South African companies looking for Indian partners.

Mining and Equipment: India holds a fair advantage in cost of production and conversion cost of minerals such as steel and alumina. It also grants mining leases for a duration of fifty years or more; and Government of India has allowed 100% Foreign Direct Investment in the mining sector, as well as exploration of metal and non-metal ores under the automatic route. South Africa has some of world’s best mining skills and techniques, as well as one of the largest producers of gold, chrome, manganese, platinum, vanadium, vermiculite, among others. In order to meet their development needs, the scope for collaboration between India and South Africa exists across the mining sector value chain. Key areas include, technology, automation and capital equipment among others.

This Summit will give you the opportunity to strengthen the value chain and promote new business linkages via the online B2B platform, visit / showcase at the virtual exhibition, as well as get insight in current and relevant business information related to the focus sectors in South Africa and India, during the conference. 


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