The three-day Indo-Africa ICT Expo, which was held in Kenya recently, saw Indian IT and telecom companies sealing 10 agreements and garnering business of over Rs 40 crore with African organisations.

Some 100 firms took part in the event on September 1-3. “I strongly believe that India has vast experience in setting up of ICT infrastructure and the experience can be leveraged by the government as well as the private sector in African nations. To explore synergies on the ground, I have with me about 100 ICT companies from India participating in this event,” Telecom Minister Manoj Sinha said in a statement. The event was supported by the respective governments and attended by over 2,500 visitors and over 300 delegates.

“The event had more than 400 business to business meetings between Indian and African countries. It saw a very large number of business enquiries. There were already more than 10 MoUs and more than Rs 40 crore worth of business. In addition, there is demand for setting up of training centre and technology transfer,” the statement said.

Business leaders from India, Kenya, Tanzania, Uganda, the UK, Israel, South Sudan, Rwanda, Mauritius and Commonwealth Telecom Organization participated in the event. Sinha extended an invite to the large business delegations from the participating countries for an event to be organised by TEPC in India so that contacts developed in Nairobi get translated into concrete business.

Telecommunication Equipment & Services Export promotion Council (TEPC), India, organised Buyer Seller Business meets in New Delhi where potential buyers from across the globe are invited to meet telecom equipment and service suppliers of India to develop long-term business relations. The event for 2016 has been planned from October 3-5 in New Delhi and Bengaluru, respectively.

Source: Financial Express

Image Courtesy: firstpost