Zimbabwe is witnessing a surge of interest from Indian investors across strategic sectors following recent business discussions in New Delhi. According to the Indian Ambassador to Zimbabwe, investments from India in the country now exceed US$600 million, spanning food processing, mining, textiles, agricultural equipment, and polymers, creating direct and indirect employment for up to 15,000 people. This is reported by ZBC, a partner of TV BRICS.

Notably, two major agreements are already in motion: India’s rail engineering company will supply nine locomotives and 315 waggons for Zimbabwe’s railway network.

At the India–Africa Business Conclave, Indian industry leaders explored investments in health infrastructure, energy, sugar sectors, and tourism. Projects under consideration include an integrated sugar complex featuring ethanol and power generation from bagasse; local manufacturing facilities and an oncology hospital; and tourism development near Victoria Falls. Investors are emphasising technology transfer and skills training as integral components.

According to the source, these developments come as India emerges as one of the top five investors in Africa, with trade between India and the continent surpassing US$100 billion in 2024–25.

African Times published this article in partnership with International Media Network TV BRICS