Sharing her experience after meeting visiting foreign ministers of African nations, Swaraj said countries in that continent offer immense business and investment opportunities for India.
"Nowhere is the impact of economic growth and development as visible as in Africa... The day you combine your strength with their needs, that would be a win-win situation for both ...their needs would be fulfilled and you would make money," she said while addressing the India-Africa Business Forum here.
The Minister said that while trade between India and Africa has increased 10-fold in a decade to USD 72 billion in 2014-15, "its still way below its potential considering the size of India and Africa".
Swaraj stressed that the 2.3 billion combined population of India and Africa offer a huge market for all sorts of goods and services.
"Today India is fastest growing major economy in the world, and Africa, a fastest growing Continent. Our respective economic growths provide unparallelled economic opportunities for our businesses and investors," she said.
Indian companies have invested about USD 32.35 billion in Africa.
"Indian investors are aware of the potential of Africa with large land mass, rich natural resources and demand... We hope various countries in Africa will take steps to attract such investments from India, particularly from manufacturing and processing activities," the Minister said.


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