Transforming Trade: DP World and India Unveil Bharat Africa Setu to Boost India-Africa Commerce

The Bharat Africa Setu is a new trade initiative that aims to double trade between India and Africa. Launched by DP World and the Government of India, this partnership connects Indian exporters to 53 African countries, providing access to around 260,000 points of sale.

According to Shri Piyush Goyal, India’s Commerce and Industry Minister, Africa is a promising trade partner for India. He emphasized the need to boost connectivity and reduce trade barriers. The Bharat Africa Setu is a significant step toward that goal, creating a comprehensive trade ecosystem. It combines ports, logistics, and economic zones from both regions to streamline export operations.

DP World has extensive experience in freight operations, with operations that include ten ports and three economic zones across Africa. In India, the company has five container terminals and a large logistics network. This expertise will help create a smooth flow of goods between India and Africa.

Currently, Africa imports about $430 billion worth of products annually, but India only commands a 6.5% share, exporting approximately $28 billion. With the Bharat Africa Setu, this could rise to 12% by 2030. Sultan Ahmed bin Sulayem, CEO of DP World, stated that this initiative opens doors for Indian exporters by improving trade efficiency and market access.

A recent report by the World Bank highlights Africa’s potential for economic growth. Experts believe that by enhancing trade relationships, African nations can tap into global markets more effectively and drive sustainable development. This aligns with India’s goals, as both countries seek to grow their economies through better cooperation.

The Bharat Africa Setu’s launch also coincides with the start of construction for Bharat Mart in Dubai. This new marketplace, spanning 2.7 million square feet, aims to strengthen trade connections, providing a dedicated space for Indian businesses to thrive globally. Scheduled to open in phases, the first part will be ready by the end of 2026.

Dubai’s strategic location enhances this partnership. With Jebel Ali Port and Al Maktoum International Airport nearby, Indian exporters will have easier access to international markets. The UAE aims for non-oil trade with India to reach $100 billion by 2030, underscoring the significance of initiatives like Bharat Mart.

In summary, the Bharat Africa Setu represents a promising new chapter in Indo-African trade relations, driven by infrastructure improvements and mutual growth aspirations. Both regions stand to benefit through enhanced cooperation, opening new markets, and bolstering their economies.

For further details on global trade initiatives, you can check World Bank’s report on trade growth in Africa.

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