« Venture Capitalists Smell Gold in India | Main | Coke and Pepsi Safe: Punjab Government »

Sep12
West Africa: The new Destination for Indian Products
Africa is mainly famous for civil wars, poverty, hunger and corruption. So, most companies do not look this market as an attractive one. Indian companies have mainly looked to Europe and America for doing business until now. Africa is becoming an attractive destination for Indian companies now. The countries that Indian companies are now mainly investing in West Africa are:
 
Nigeria
Senegal
Ivory Coast
Gambia
 
TATA is the leader and some other companies are now following the path of TATA too. Africa is going to be important for Indian companies for two reasons.
  1. It is going to be a good export market.
  2. Indian companies can import raw materials and India can import oil from Africa.
 
I am happy that Indian companies are trying to diversify its presence in the world and Africa is going to become a good market for them. Indian companies will have to be careful about the possible enmity they may face from the existing local and foreign companies in Africa. The existing local and foreign companies would not be too happy to see Indian companies doing business here and taking away their business.
 
What is your idea about it?
 
Related Article

0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Venture Capitalists Smell Gold in India | Main | Coke and Pepsi Safe: Punjab Government »

Advertise

Related Resources

recent comments

    sponsored ads



    subscribe


    Prefer Email?
    Subscribe below-

    Enter your Email:


    Powered by FeedBlitz What's this?

    Current News

    Support This Blog

    blogroll


    My site was nominated for Best Business Blog!

    business social media

    Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

    BIZZlogos - Add your logo - free link to your site
    BIZZphotos - Add photos of your products and people
    BIZZprofiles - Submit your profile and build your online visibility
    BIZZspotlight - Spotlight your business with free links
    BIZZvideos - Videos about businesses, products and business people.
    BIZZbites - "Digg" for Business - Submit your articles and posts

    Know More Media - International Business

    know more media network

    View Network Map

    Network Feed List (OPML)

    Know More Media Network
    Feed


    we support unitus

    PRWeb

    Influencer



    IndianRaj is a member of the Know More Media network of business related blogs.

    Here are some current headlines from some of our business publications:

    ProductivityGoal

    CallCenterScript

    AdHurl

    TheBizofKnowledge

    LandingTheDeal

    CustomersAreAlways

    HealthCareVox

    BrainBasedBusiness

    TheInsurancePolicy

    MarketingBlurb