India may not sign FTAs, to opt for deeper ties with customs unions in Africa, say officials

AI Summary

India has made significant investments in Africa, totaling $80 billion, indicating a preference for strengthening ties with customs unions rather than signing free trade agreements (FTAs). This shift reflects India's strategic focus on enhancing economic partnerships in Africa.

India’s cumulative investment in Africa has reached $80 billion, making it one of the major investors in the continent