“There are great opportunities offered by both countries to be explored in manufacturing, agriculture and infrastructure development. Telengana, as a new state, has a massive infrastructure plan that our companies could take part in and collaborate with the local Indian companies,” said the Deputy Minister.

The Deputy Minister is leading a 25-member business delegation to the sixth annual India Investment and Trade Initiative (ITI).

Deputy Minister Masina and the Chief Minister of Indian State of Andhra Pradesh, Sri Nara Chandra Babu Naidu, agreed to cooperate in order to deepen trade relations and also exchange best practice models that could assist South Africa and India to advance economic development.

This emanated from the bilateral meeting that they held in Hyderabad, India, where both parties agreed to explore areas where South Africa and India would look into cooperation investments, trade and infrastructure development.

Available: http://www.sanews.gov.za/business/sa-india-should-take-advantage-growth-each-other%E2%80%99s-economies