India’s Investments to Unlock Opportunities for Zi...

India’s Investments to Unlock Opportunities for Zimbabwean Youths, Says New Ambassador

Oscar J Jeke

Zim Now Writer

India's newly appointed Ambassador to Zimbabwe, Bramha Kumar, has emphasized the potential for creating numerous opportunities for Zimbabwean youths through expanded economic ties and investments in key sectors.

Speaking at a luncheon hosted for local journalists, the Ambassador outlined his vision for strengthening the bilateral relationship.

“We are committed to building on our existing partnerships with Zimbabwe, especially in ways that benefit the country's youth. Our investments will create jobs, foster skills development, and open up new opportunities across various industries,” said Kumar.

The Ambassador highlighted the US$600 million already invested by Indian companies in sectors such as food processing, mining, textiles, and agriculture, while pointing to upcoming projects as further evidence of India's commitment. Among these is the multi-billion deal between Jindal Steel and Power and ZESA, which will boost electricity production at Hwange Power Station by 2,000 megawatts, offering long-term infrastructure benefits.

Kumar also spoke about other key initiatives, including the partnership between M/S RITES and the National Railways of Zimbabwe, which involves the acquisition of nine locomotives and 315 wagons, enhancing the country's transportation sector.

“These investments not only contribute to Zimbabwe’s infrastructure but also create direct employment opportunities for the younger generation,” Kumar added. He emphasized that India sees Zimbabwe as a crucial partner, particularly in areas that align with the development of small and medium enterprises (SMEs), pharmaceuticals, and ICT.

The Ambassador also noted outcomes from the May 2024 Joint Trade Committee meeting, which highlighted promising areas for collaboration, including healthcare, geospatial technology, fashion, and mining, sectors that will engage Zimbabwean youth through both employment and training opportunities.

“By investing in these areas, we aim to not only improve the bilateral relationship but also to empower the youth of Zimbabwe with the skills and jobs they need for the future,” Kumar concluded.