He urged the present generation to revisit the pages of history to remind itself of the greater goals that drive the India-Africa partnership. India has committed over USD 10 billion to Africa for infrastructural and development projects since the holding of the first and second India Africa Forum Summit meetings in 2008 and 2011, and is partnering in establishing 70 pan-African and regional institutions across Africa. Sharma cited agriculture and food security, healthcare and life sciences, infrastructure, energy and energy security, mining, and SME development as the priority areas for India-Africa partnerships. He made a special mention of the Buyers Credit that was introduced by his ministry for supporting Indian companies’ participation in African infrastructure projects. Speaking about India’s technological progress, Sharma said that India is now a global leader in frugal innovation and a major R&D hub for Fortune 500 companies.
Available at: http://www.myiris.com/newsCentre/storyShow.php?fileR=20140310093756717&dir=2014/03/10