Hyderabad: “ India is very important market for us. We are open to do business ” said His Excellency Mr. Joel Sibusiso Ndebele, South African High Commissioner to India while addressing a Business Seminar on Trade and Investment Opportunities in South Africa at Hyderabad organized by The Federation of Telangana Chamber of Commerce and Industry ( FTCCI) in partnership with South African High Commissioner. We have set ourselves a target to attract an investment of US$ 100 billion in the next 5 years and we are here to attract investments from our priority market India, he added. “ South Africa offers immense Business opportunities and potential for Indian corporate in General and Telangana in particular. We have robust independent legal and judiciary system with high level of Industrial innovation. South Africa has given best return on investments for investors for the last few years. We are looking for investments in Pharma, IT, Infra, Renewable energy sectors ” said Mr. Joel Sibusiso Ndebele

Welcoming the well-attended gathering of corporate, Government officials and entrepreneurs Mr. Ramakanth Inani, Sr. Vice President, FTCCI said “ This Seminar is aimed at creating awareness about business opportunities and promoting trade and investment partnerships between India and South Africa. We are working closely with South Africa officials and facilitating trade and business opportunities for our region”

The seminar among others was attended by Ms. Khyati Naravane, CEO, FTCCI; Dr. E. Vishnu Vardhan Reddy, IFS., Regional Passport Officer, Ministry of External Affairs, Govt. of India; Ms Lerato Mashile, Acting Consul General, South African Consulate General, Mumbai; Mr Recado Andrews, Counselor: Economic, South African High Commission, New Delhi

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