Investors from India will be visiting Malawi to explore trade and investment opportunities, CEOAFRICA gathered from Malawi Investment and Trade Centre Chief Executive Officer, Clement Kumbemba.

While speaking to journalists, Kumbamba said the Malawi mission in India was working with the India Chamber of Commerce and Industry (ICCI), in facilitating the trade and investment visit as soon as possible.

Speaking further, Kumbamba said the business delegation from India cuts across 15 companies in several areas such as timber, cement manufacturing, plastic production, footwear, clothing, construction, infrastructure development and mining among others.

“The other areas that these people will include products such as insecticides, rice, corn flour, noodles and biscuits. This is evident by the number of Indians who live and do business in Malawi, a substantial number of whom invested in area that are adding value to Malawi’s economy,” he said.

Most of the Indian delegates had lived in Malawi for very long time and they know Malawi more than they do their countries of origin.

In his responds, representative for India High Commissioner Purushothan Kallianpur said India was optimistic that trade between the two countries will grow stronger considering what was already on the ground in the country as regards Indian trade and investment.

He described Malawi as a country on the threshold of reaping substantial benefits from trade and investment relationship with India. “We will look at this trade and investment mission as an opportunity for Malawian local business persons to create synergies with India and for them to develop their capacity,” he said.

Mr. Kallianspur added that the Indian High Commission was encouraging local private sectors to take advantage of such trade and investment mission in order to deliberately develop their entrepreneurship, business scope and standards beyond the domestic and regional markets into the extra-regional arena.