India explores local investment avenues

The government of India has disclosed that it is exploring investment opportunities in the country’s agriculture, pharmaceuticals and health sectors to complement Malawi Government’s efforts to grow and enhance its economy.

The new Indian High Commissioner to Malawi, Anurag Bhushan, said that his government is keen to assist Malawi achieve her development agenda and enable her to join a group of developing countries with good education, health, agriculture and industry.

Bhushan noted that there is a lot of potential in the said sectors; hence, his government is taking thoughtful steps to actualise its dream by entering into Public and Private Partnerships (PPPs) with local companies and enterprises.

Meanwhile, Bhushan has expressed contentment with the progress SmedI Business Incubation Centre (BIC) at Mponela and Salima Sugar Company are making towards improving the social and economic livelihoods of Malawians through provision of business skills and creation of job opportunities to the locals.