The companies have invested about 5 billion USD, of which some 3 billion USD are on the ground. In 2019, the bilateral trade was 1.2 billion USD which slightly dropped to 1.1 billion USD. “It’s even a surprise to know that many of the Indian companies are actually expanding their operations they are growing they are expanding,” Shetkingtong reiterated. “The Indian medicines are of excellent international standards, they are good quality, but the prices are affordable. And when I interact with the owners, they are so happy with the business that have the standards that the Indian companies have.
Source: News Business Ethiopia June 13, 2021 14:37 UTC