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Honda Cars India today said it is targetting the Southern African market to push exports and plans to ship 1,600 units of the hatchback Brio by the end of this fiscal.   The company shipped the first lot of 390 units of Brio from here today to South Africa. This is the first model from the company's stable to be exported to that country.   "We are first shipping the Brio to South Africa. We are also looking countries in SADC...

  • Posted on : Saturday , 19th July 2014
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MUMBAI: Godrej group chairman Adi Godrej has said the diversified conglomerate has begun its third and final phase of expansion in Africa, covering most key markets in the continent where it is "heavily invested". The group is growing at 25-30% in Africa, Godrej said on Thursday. "In addition, we are growing through acquisitions. If you add acquisitions, we are growing much faster," said the chairman of the $3.3-billion...

  • Posted on : Saturday , 19th July 2014
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NEW DELHI: Telecom major Bharti Airtel today said its business in Africa, where it forayed in 2010, has crossed 60 million subscriber mark. Airtel added 10 million customers across its operations in 17 African countries in less than 12 months of having crossed 50 million subscribers, the company said in a statement.   Moving forward, the company hopes to add subscribers on the continent through maintaining a strong focus on rural...

  • Posted on : Saturday , 19th July 2014
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Bank of India has opened its first South African branch here, more than half a century after it established its first presence in the African continent.   “Africa has, for long, been our favoured continent and upgrading our representative office of the past five years to branch banking in South Africa is one more step in that direction,” said Alok Misra, Chairman and Managing Director of the 106-year-old bank.   Bank of...

  • Posted on : Saturday , 19th July 2014
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Trade between India & Kenya   Bilateral trade grew by 57% to reach US$ 2.4 billion in 2010-11. Nearly US$ 2.3 billion constituted India’s exports to Kenya. India is the sixth largest trading partner of Kenya. According to Kenyan statistics, bilateral trade for 2011 was approximately US$ 1.8 billion. The figure for Indian exports to Kenya during January-May 2012 is US$ 893 million (13% of total Kenyan imports, largest exporter...

  • Posted on : Saturday , 19th July 2014
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