There are over 150 Indian companies in South Africa, who have had an immeasurable positive impact on the country. This report, published jointly by CII and PwC South Africa aims to provide an overview of Indo-South African business relations, a snapshot of some of the key sectors reflecting India’s economic presence in South Africa, and a strong focus on the CSR activities, as well as job creation and skills development initiatives being undertaken by Indian industry in South Africa – all of which are significant.
Some of the companies that have invested in South Africa and are conducting large-scale operations are among the largest conglomerates, not only in India but globally, and employ over half a million people across the world.
This paper also addresses some of the key challenges being faced by Indian industry in South Africa. It highlights future growth areas along with recommendations, which will hopefully encourage potential Indian investors to further enhance economic activity.