India to looks for trading opportunities in Nigeria and other African Countries…..



INDIA is set to expand its bilateral trade agreement estimated at over $46 billion with Nigeria and other African countries, as more than 20 Indian Information Technology companies will be in the country on Monday to deliberate on further areas of investment in the yearly Information Technology Association of Nigeria (ITAN) and National Association of Computer and Software Companies of India, (NASSCOM) Business Summit tagged ‘ITAN CEO-NASSCOM 2012 summit.’
Indeed, the Indian government has pledged to invest hundreds of millions of dollars into African initiatives and training focusing on ICT; the government total pledge for all economic and trade activities for the entire continent is in excess of  $5 billion line of credit, according to the Indian High commission in Nigeria.
The meeting, according to ITAN in Lagos on Tuesday, will be a significant identification with Nigeria’s government transformational agenda for the ICT sector and the association’s new stance to build international partnership to grow the local industry.
Already, the both ITAN and NASSCOM enjoy international business and professional membership of Nigeria and India by their respective country representation at the World Information Technology and Services Alliance (WITSA).
NASSCOM is the premier trade body and the “Chamber of Commerce” for the IT – BPO industry in India and ITAN is the premier trade industry group for ICT companies in Nigeria.
ITAN said this year’s theme is “Empowering and Resuscitating Local IT Entrepreneurs via Local Content Development and Funding.”
According to the president of ITAN, Mrs. Florence Seriki, “The objective of the yearly event, which also serve as a statement of need is to sustain the creation of a platform for local ICT organizations to synergise and collaborate among key international ICT players and indeed our goal to bridge these gaps in competitive capacity development of the local enterprises, by also creating education opportunities, influencing policy formulations in information communication technologies development, promotion and enhancement of the Nigerian ICT industry with other relevant stakeholders.
“The Local ICT companies currently deserve a lot of private and public sector support in terms of increasing their demand for goods and services supplied, and engendering adequate partnership to promoting local content.”
Seriki disclosed that India and Nigeria currently enjoy very healthy diplomatic relations, adding that there was an increasing economic and trade relationship between the two countries. She said Indian software and several ICT companies have very strong presence in Nigeria.
The ITAN president informed that Minister for Communication Technology, Mrs. Omobola Johnson would be the special guest of honour while key speakers at the forum includes, President of NASSCOM, India. Mr. Som Mittal and the Managing Director of the Bank of Industry Nigeria, Mrs. Evelyn Oputu.
 
“The ITAN, NASCOM CEOs forum offers a strong plank for industry leaders of the two countries to explore ways of mutually growing businesses particularly as it concerns the ICT sector”, Seriki stated.
The Guardian Nigeria