Tata International participates in CII Africa Conclave
July 20, 2021
The 16th CII-Exim Bank Digital Conclave on India-Africa Project Partnership was held on July 13-15, 2021.
The three-day virtual conference, with the theme Harnessing the Africa-India Opportunity- Connect, Create, Collaborate, was organised by the Confederation of Indian Industry (CII) and the India Exim Bank with support from the Ministries of External Affairs and Commerce and Industry. Sessions focused on healthcare including vaccine access and equity, and digitization of the information technology, tourism, and hospitality sectors.
Mr Subrahmanyam Jaishankar, India External Affairs Minister, spoke at the virtual event’s opening, saying the two sides must reinforce collaboration in public health, digital delivery, capacity building, and the green economy.
Mr Noel Tata, Chair of the CII Africa Committee and Managing Director of Tata International, called on African leaders to implement the African Continental Free Trade Area (AfCFTA) to spur the development of textile, pharmaceutical, automotive, agro-processing, and information and communication technology supply chains.
The AfCFTA, a pan-African economic bloc with a combined GDP of $3.4 trillion, came into force on January 1, 2021. “We must continue to focus and identify new cross-border partnership opportunities that are future-proof and directed at the welfare of the 2.5 billion people in India and Africa. AfCFTA will have a positive cascading impact on our bilateral relations and industrial economic partnerships,” said Mr Tata.