DETAILED PROJECT REPORT
India trade relation with South- Africa
“Perseverance inspiration and motivation have always played a key role in success of any venture”. I hereby express my deep sense of gratitude to all the members involved directly and indirectly in this project work. I would thank to God for their blessing and my parents also for their valuable suggestion and support in my project report. I would also like to thank our friends and those who have helped us during this project directly or indirectly.
Last but not the least; I would like to express my sincere gratitude to my mentor prof.meetaJain who always been a source of guidance, inspiration and motivation. However, I accept the sole responsibility for any possible errors of omission and would be extremely grateful to my mentor if they bring such mistakes to my notice.
INDIA TRADE RELATION WITH SOUTH-AFRICA
The bilateral relations between the Republic of India and the Republic of South Africa have grown strong since the end of apartheid in South Africa in 1994. Both nations have since developed close strategic, cultural and economic ties.
India and South Africa also share an extensive energy partnership. In 2010, India imported 1.4 million tonnes of South African coal in February, making it the largest purchaser of coal from the country. Ties with further solidified with South Africa's 2011 acceptance into the BRICS group.
India has become the 6th largest trading partner to the South Africa in Asia region. With the bilateral trade of more than US$2 billion in a year, both nations have entered into the new era of trade. South Africa has entered into many different types of co-operation agreements with India, which is covering the various sectoral of technology, telecommunications and small business enterprises(SMEs). With the