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Afghan companies reach out to Gujarat for joint ventures
Ahmedabad-based Global Network, an international trade advisory firm paid a visit to Afghanistan in February this year and met the government and business community in this regard.
Chitra Unnithan, TNN | Apr 17, 2014, 10.08PM IST
AHMEDABAD: Gujarat's companies are likely to help improve Afghanistan's economy by entering into joint ventures with them. As Afghanistan moves towards democracy and the country prepares to stand on its own feet, Afghan companies are seeking partnership from Gujarat's companies to set up industries in Afghanistan.
Afghan companies are keen to set up industries in building materials, equipment and are interested in collaborating with companies from Gujarat for executing projects such as like housing, road construction, schools, hospitals and other infrastructure in Afghanistan.
As most products are currently imported in Afghanistan, the country is also interested in setting up plants for food, processing, pharmaceuticals, agricluture, textiles, engineering, electronics, automotive, renewable energy, consumer goods and information and communication technology.
Ahmedabad-based Global Network, an international trade advisory firm paid a visit to Afghanistan in February this year and met the government and business community in this regard. "The visit was to Kabul, Mazar-e-Sharif and Herat. Afghans had heard about the business acumen of the Gujarati business community and showed high interest in joint ventures," said Jagat Shah, founder of Global Network.
Global Network, along with Ficci and embassy of India had organized an 'Afghanistan investment roadshow' in Ahmedabad on April 15, 2014. The roadshow was followed by one-on-one meetings with prospective Gujarat companies like Adani, and Dishman Pharma among others. The roadshow was attended by top CEOs and other decision makers of companies in Gujarat.
In July 2014, a delegation of 20 Gujarat-based companies has been organized from Gujarat to Afghanistan to see the locations of investment and to meet Afghan importers and prospective partners as well as Afghan government officials.
Param Shah, head, Ficci Gujarat Council said, "Companies in the pharmaceutical, textiles, food processing, steel making, cement, construction, building materials and IT sectors have cutting edge technology in Gujarat and have a high possibility of getting into joint ventures with Afghanistan companies. It will create market access and presence for Gujarat companies in the growing and untapped market of Afghanistan."
1. If Afghanistan's labour costs are cheaper than its neighbours it can be a manufacturing hub for the central Asia, south-west Asia region.
2. With increased HDI (Human Development Index) Afghanistan can help to ensure the long term defeat of backwards fundamentalist pseudo-"Islamic" forces.
Ahmedabad-based Global Network, an international trade advisory firm paid a visit to Afghanistan in February this year and met the government and business community in this regard.
Chitra Unnithan, TNN | Apr 17, 2014, 10.08PM IST
AHMEDABAD: Gujarat's companies are likely to help improve Afghanistan's economy by entering into joint ventures with them. As Afghanistan moves towards democracy and the country prepares to stand on its own feet, Afghan companies are seeking partnership from Gujarat's companies to set up industries in Afghanistan.
Afghan companies are keen to set up industries in building materials, equipment and are interested in collaborating with companies from Gujarat for executing projects such as like housing, road construction, schools, hospitals and other infrastructure in Afghanistan.
As most products are currently imported in Afghanistan, the country is also interested in setting up plants for food, processing, pharmaceuticals, agricluture, textiles, engineering, electronics, automotive, renewable energy, consumer goods and information and communication technology.
Ahmedabad-based Global Network, an international trade advisory firm paid a visit to Afghanistan in February this year and met the government and business community in this regard. "The visit was to Kabul, Mazar-e-Sharif and Herat. Afghans had heard about the business acumen of the Gujarati business community and showed high interest in joint ventures," said Jagat Shah, founder of Global Network.
Global Network, along with Ficci and embassy of India had organized an 'Afghanistan investment roadshow' in Ahmedabad on April 15, 2014. The roadshow was followed by one-on-one meetings with prospective Gujarat companies like Adani, and Dishman Pharma among others. The roadshow was attended by top CEOs and other decision makers of companies in Gujarat.
In July 2014, a delegation of 20 Gujarat-based companies has been organized from Gujarat to Afghanistan to see the locations of investment and to meet Afghan importers and prospective partners as well as Afghan government officials.
Param Shah, head, Ficci Gujarat Council said, "Companies in the pharmaceutical, textiles, food processing, steel making, cement, construction, building materials and IT sectors have cutting edge technology in Gujarat and have a high possibility of getting into joint ventures with Afghanistan companies. It will create market access and presence for Gujarat companies in the growing and untapped market of Afghanistan."
1. If Afghanistan's labour costs are cheaper than its neighbours it can be a manufacturing hub for the central Asia, south-west Asia region.
2. With increased HDI (Human Development Index) Afghanistan can help to ensure the long term defeat of backwards fundamentalist pseudo-"Islamic" forces.