India welcomes Multi Facility Economic Zone for Indian companies in Zambia
Union Minister of Commerce & Industry, Kamal Nath has welcomed the Multi Facility Economic Zone created by the Zambia Development Agency for Indian Companies to set up manufacturing and services industries in Zambia. During the bilateral meeting with Felix C. Mutati , Minister for Trade, Commerce and Industry, Zambia, Kamal Nath stated that India has lot to offer for infrastructural development in Zambia, particularly in energy, mining, agriculture, commercial building and road transportation sectors. He further added that India would like to explore and invest in the development of industries-based crops such as cotton, sugar, soya bean and groundnuts. Both sides agreed for cooperation for capacity building in the field of agro-processing and development of agro product markets.