Local businesses urged to tap into Indian markets
Tuesday, April 04, 2017
Shukla
Addressing the business community during a visit by an 18-member delegation from Engineering, Exports Promotion Council (EEPC) in India recently, High Commissioner, Ketan Shukla assured Botswana companies willing to do business with India of a lucrative market.
“India is an attractive hub for foreign investment in the manufacturing sector. Business conditions in the Indian manufacturing sector continue to remain positive. Manufacturing has emerged as one of the high growth sectors in India,” he said.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...