OVER $4 BILLION INDIAN INVESTMENT IN SOUTH AFRICA

NEW DELHI: As many as 140 Indian companies with operations in South Africa have invested more than USD 4 billion and created 18,000 direct jobs, according to a report released today.

The CII-PwC report showcased the contribution of Indian companies beyond foreign direct investment (FDI) in South Africa, including key CSR and skill development initiatives.

According to the report, there exists substantial potential for trade growth between the two countries.

FINANCIAL TIMES