There is a significant scope in Africa’s agriculture that can benefit heavily form India’s experience. India Inc. predicts that Africa’s farming sector has the ability to grow to $1 trillion by 2030.
The secretary general of the Federation of Indian Chambers of Commerce and Industry (FICCI), A. Didar Singh says that Africa has one of the most untapped and largest markets for India‘s food sector, because consumers are in abundance.
Singh added that India and Africa have become key partners in contributing to global food security,because of the changing global landscape for food and agriculture.
PricewaterhouseCoopers (PwC) compiled a report on the information mentioned above. “The continent houses almost 60 percent of the world’s uncultivated land and an abundance of natural resources.”
The report evaluated that sub-Saharan Africa alone requires extra yearly ventures of as much as $50 billion to improve the horticultural framework.
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