The Global India Business Forum successfully organized a business delegation to Ethiopia from
February 19-23, 2024. Business delegates from different sectors led by the Global India Business
Forum (GIBF) team visited the country that promises ample investment opportunities.
The delegates included - Founder
and CFO of ENAICTECH Software Technologies Private Limited, Rohit Bellur and its Co-founder and
MD, Sreelakshmi Hindupur who represented the IT sector; Pinaki Chakraborthy Owner of PR Kabita
Textiles represented the textile sector; Vrushali Borade CEO of Everest Pharma represented
herbal medicines; Nikunj Rabara, Managing Director of Niva Green India represented health,
textile and packaging sectors; Deepali Gadkari, Secretary General of GIBF and Director of Bella
Vida represented the brand and silver jewelry manufacturing segment while CMD and MD of Abhi
Group, Dr. Jitendra Joshi represented the logistics sector as well as GIBF as its Global
President.
The delegation met the Ethiopian
Investment Commission (EIC). Deputy Commissioners Dagato Kumbe and Dr. Zeleke Temesgen gave an
elaborate presentation on investment opportunities in Ethiopia. The delegation also visited two
industrial parks - Kilinto and Bole Lemi Industrial Park. Mr. Aklilu Tadesse, CEO of Industrial
Parks Development Corporation (IPDC) held a discussion with the GIBF team and investors
delegation who are interested in engaging in agro-processing and pharmaceutical sectors. They
also visited a textile manufacturing factory - JJ Manufacturing. They met the State Minister of
Health, Ethiopia, Ms. Frehiwot Abebe and had a good discussion on how software can be developed
for hospitals. The ministry is keen on getting investments for hospitals.
The delegation had discussions
with Minister, Advisor of the Industrial Ministry, Asfaw Abebe Eregnawe. The business delegates
had fruitful meetings with fellow business leaders. The Indian Embassy in Ethiopia hosted dinner
for the Indian delegates.
The delegation had an elaborate
meeting with the Addis Ababa Chamber of Commerce followed by a B2B meeting. They visited the
Addis Ababa Chamber of Commerce Trade Fair and Exhibition Centre. Deputy Secretary General of
Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA), Zekarias Assefa informed
about the work of the Chamber of Commerce.
The delegation was supported by
the Ambassador of the Federal Republic of Ethiopia to the Republic of India, H.E. Demeke Atnafu
Ambulo, the Deputy Ambassador Bizunesh Meseret, (Deputy Head of Mission) at the Ethiopian
Embassy in India and Mr. Ravi Rai, Commercial Head (Economic and Trade Sector). Ms. Bizunesh
attended all the meetings with the delegation.