Kenya, India Are Working Together to Boost Indian Investments into the Country

In an effort to increase manufacturing, trade, and investment as well as create job possibilities, Kenya and India are collaborating on strategies to promote greater Indian investments in the country's economy.

The Kenyan government has created an atmosphere that allows businesses to function and prosper, according to Foreign Affairs Principal Secretary (PS) Korir Sing'oei, which is crucial for drawing in foreign investment.
According to Sing'oei, the story of the Kenyan-Indian community's influence on the nation is one of tenacity, perseverance, and tremendous creativity in virtually every sphere of the economy, including manufacturing, health, agriculture, hospitality, and culture.
The PS urged Kenyans to adopt the communal way of life practised in India, where people gather together and launch projects and initiatives like hospitals, schools, and sports facilities in an effort to help one another.
Sing'oei recalled that they had recently travelled to Djibouti with President William Ruto to meet with the leaders of the Intergovernmental Authority on Development (IGAD), a group of about seven nations. There, they discussed the formation of a new regional economic block that would bring together members of the East African Community (EAC) as well as Ethiopia, Somalia, Djibouti, and Eritrea in an effort to promote free trade and facilitate migration.
According to Sing'oei, "the Kenyan government is engaged in creating larger markets that go beyond Kenya so that foreign investors setting up businesses in Kenya, like those from India, are able to access a larger regional market."
According to him, the government has implemented a variety of methods to help businesses run as efficiently as possible, including improvements to infrastructure, licencing requirements, and the removal of tariff and nontariff barriers.
According to Namgya Khampa, the High Commissioner of India to Kenya, Kenya and India have a long and rich history together, and the diaspora may play a significant part in fostering that relationship.
For the benefit of both nations, Khampa added, "We are looking at how we can work with India's capacities and Kenya's priorities to see how we can align them and get more Indian investments and expertise."
She asserted that Kenyan-Indians have contributed significantly to Kenya's growth and should be recognised for their success in overcoming their low beginnings to become a formidable force.
According to Khampa, as India marks its 75th anniversary of independence, they are acknowledging the enormous contribution made by the diaspora of Indian descent, which is thought to number 30 million across the world and 80,000 in Kenya.
According to Khampa, "the Indian diaspora is a force to be reckoned with and is erecting a bridge of friendship between the nations they are in and India."

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