Africa is one of the most important destinations for the Global Businesses, as the focus for the Developed Economies is not only on the Developing Economies but also on the Under Developed Economies like Kenya, Namibia, etc. The most important reason for the special focus of Developing and Developed Economies are:-
a) Untapped Market.
b) Cheap Labor.
c) Fertile Land available in Agricultural Development.
d) Abundant natural resources like Oil, Coal, etc.
India emerged as a very important economy after the Global Financial slowdown. Indian Companies were able to counter the crisis and now are planning to tap the resources available in African continent. Companies like Airtel, Ashok Leyland, Tata, etc are focusing on the long term growth for the businesses in African continent.
There are various factors which is against FDI inflow in African continent because of various factors like:-
a) High Crime rate.
b) Political Instability.
c) High rate of Diseases like AIDS, Malaria, etc.
There are both negative and positive factors for the FDI in African continent, but in the long run, it will be very important for the Global Businesses to have their operations in African Continent. There are various policies or incentives provided to increase the FDI by the Government.
Indian Companies moving in the African continent in recent years or before is sign of the potential growth available in African continent. Operations in African Continent will be absolutely important for Indian Companies for future growth as well as to improve their profitability through operational efficiencies which will materialize in the future if not in present for Indian Companies.
CREDITS : SHIVAM KHANDELWAL & MEHUL SHAH ( MY CLASSMATES )
a) Untapped Market.
b) Cheap Labor.
c) Fertile Land available in Agricultural Development.
d) Abundant natural resources like Oil, Coal, etc.
India emerged as a very important economy after the Global Financial slowdown. Indian Companies were able to counter the crisis and now are planning to tap the resources available in African continent. Companies like Airtel, Ashok Leyland, Tata, etc are focusing on the long term growth for the businesses in African continent.
There are various factors which is against FDI inflow in African continent because of various factors like:-
a) High Crime rate.
b) Political Instability.
c) High rate of Diseases like AIDS, Malaria, etc.
There are both negative and positive factors for the FDI in African continent, but in the long run, it will be very important for the Global Businesses to have their operations in African Continent. There are various policies or incentives provided to increase the FDI by the Government.
Indian Companies moving in the African continent in recent years or before is sign of the potential growth available in African continent. Operations in African Continent will be absolutely important for Indian Companies for future growth as well as to improve their profitability through operational efficiencies which will materialize in the future if not in present for Indian Companies.
CREDITS : SHIVAM KHANDELWAL & MEHUL SHAH ( MY CLASSMATES )