• About
  • Advertise
  • Privacy & Policy
  • Contact
Advertisement
  • Home Page
  • About Us
    • OUR TEAM
    • OUR PHILOSPHY
    • Our Founder
  • OUR SERVICES
    • Digital Marketing: The Game Changer
    • SOCIAL MEDIA MARKETING: THE MARKETING QUINSSENTIAL
    • PRINT MEDIA
    • Content Creation & Production
  • NEWS
    • National
    • International
    • Politics
    • Business
    • Entertainment
    • Health and Wellness
  • Viral Video
  • OUR CLIENTS
  • IN News
  • Social Engagement
  • Contact US
No Result
View All Result
  • Home Page
  • About Us
    • OUR TEAM
    • OUR PHILOSPHY
    • Our Founder
  • OUR SERVICES
    • Digital Marketing: The Game Changer
    • SOCIAL MEDIA MARKETING: THE MARKETING QUINSSENTIAL
    • PRINT MEDIA
    • Content Creation & Production
  • NEWS
    • National
    • International
    • Politics
    • Business
    • Entertainment
    • Health and Wellness
  • Viral Video
  • OUR CLIENTS
  • IN News
  • Social Engagement
  • Contact US
No Result
View All Result
No Result
View All Result
Home Business

India Emerges as Key Trading Partner for Kenya; Trade Grows to USD 4.31 Billion

Praveen Gautam by Praveen Gautam
April 29, 2026
in Business, Latest News
0
India Emerges as Key Trading Partner for Kenya; Trade Grows to USD 4.31 Billion
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

The 10th Session of the India–Kenya Joint Trade Committee (JTC) was held on 27 – 28 April, 2026, in Nairobi, Kenya, to review and strengthen bilateral trade and economic cooperation between the two countries. The meeting was co-chaired by Commerce Secretary, Department of Commerce, Ministry of Commerce & Industry, Government of India, Rajesh Agrawal, and Principal Secretary, State Department for Trade, Republic of Kenya, Ms. Regina Akotah Ombam.

Both sides noted the steady growth in bilateral trade, with India emerging as one of Kenya’s key trading partners. Total trade between India and Kenya stood at USD 4.31 billion in 2025–26, reflecting an increase of 24.91 per cent from USD 3.45 billion in 2024–25. Discussions focused on enhancing trade diversification, addressing market access issues and leveraging complementarities in sectors such as engineering goods, pharmaceuticals, agriculture and electronics.

The Committee reviewed progress on ongoing trade facilitation initiatives, including the Memorandum of Understanding (MoU) between the Bureau of Indian Standards (BIS) and the Kenya Bureau of Standards (KEBS) to promote cooperation in standardisation and conformity assessment. An MoU was also signed between the Central Board of Indirect Taxes and Customs (CBIC) and the Kenya Revenue Authority (KRA) for exchange of pre-arrival customs information, with emphasis on streamlining customs procedures and improving ease of doing business.

Another MoU was signed between the Confederation of Indian Industry (CII) and the India Kenya Chamber of Commerce and Industry to promote trade, investment and industry collaboration on the sidelines of the JTC meeting.

Both sides acknowledged the potential for promoting trade settlement in local currencies. It was noted that Kenyan banks have opened Special Rupee Vostro Accounts (SRVAs) with Indian banks, and greater utilisation of this framework could facilitate smoother bilateral transactions. The possibility of adopting a Local Currency Settlement (LCS) mechanism was also discussed.

Sectoral cooperation in emerging areas was deliberated. In engineering and manufacturing, opportunities to expand exports of automobiles, machinery and construction equipment were highlighted, along with participation in exhibitions such as Autoexpo Kenya and The Big 5 Construct Kenya. Collaboration in infrastructure development, including railways, was discussed, with India offering support in feasibility studies, project management and supply of rolling stock for Kenya’s Standard Gauge Railway. Opportunities for collaboration in shipbuilding with Indian shipyards were also explored.

In pharmaceuticals, India highlighted its role as a supplier of affordable generic medicines and medical devices and proposed enhanced business-to-business engagement. Both sides also discussed enhancing trade in agricultural products while addressing sanitary and phytosanitary barriers.

In renewable energy, India expressed readiness to support Kenya’s clean energy initiatives, including solar and wind projects. The Kenyan side informed that it has conveyed its decision to sign the International Solar Alliance Framework Agreement and looks forward to signing it at the earliest. Discussions on digital public infrastructure covered collaboration on UPI-like payment systems, Bharat Connect and digital platforms to enhance financial inclusion.

Capacity building was identified as an important area of cooperation. India offered training programmes under initiatives such as the Indian Technical and Economic Cooperation (ITEC) programme in sectors including mining, earth sciences, healthcare and education. Collaboration in higher education, digital learning platforms and skill development was also discussed, along with promotion of student mobility under the “Study in India” programme.

Both sides reaffirmed their commitment to a diversified, balanced and future-oriented economic partnership and agreed to strengthen institutional mechanisms to facilitate trade, resolve pending issues and promote business-to-business engagement.

On the sidelines of the JTC, an India–Kenya Joint Business Forum was held with participation of leading Indian and Kenyan businesses, including representatives from the Confederation of Indian Industry (CII) and the Kenya National Chamber of Commerce and Industry (KNCCI). Commerce Secretary, Government of India, Rajesh Agrawal, and Principal Secretary for Trade, Republic of Kenya, Ms. Regina Akotah Ombam, delivered keynote addresses and were joined by Chairman, KNCCI, and Chief Executive Officer, InvestKenya. The forum provided a platform for industry leaders to engage on expanding trade and investment linkages across sectors such as manufacturing, agriculture, pharmaceuticals, infrastructure, digital technologies and services.

Additionally, on the sidelines of the meeting, the India–Kenya Chamber of Commerce organised an interaction with the local Indian business community under the chairmanship of Commerce Secretary, Department of Commerce, Government of India, Rajesh Agrawal. The interaction was attended by the local Indian business community and the accompanying CII business delegation and focused on opportunities and experiences related to doing business in Kenya.

Praveen Gautam

Praveen Gautam

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
India – France Joint Statement

India – France Joint Statement

February 18, 2026
Captured Maduro brought to U.S. to Face Charges

Captured Maduro brought to U.S. to Face Charges

January 5, 2026
INS Chilka to Host Passing Out Parade on Jan 8

INS Chilka to Host Passing Out Parade on Jan 8

January 6, 2026
S Jaishankar Meets French President Emmanuel Macron

Jaishankar meets French President Emmanuel Macron, reaffirms India France strategic partnership

January 9, 2026

Hello world!

0

Shadow Tactics: Blades of the Shogun Review

0

Hands on: Samsung Galaxy A5 2017 review

0

The Last Guardian Playstation 4 Game review

0
India Emerges as Key Trading Partner for Kenya; Trade Grows to USD 4.31 Billion

India Emerges as Key Trading Partner for Kenya; Trade Grows to USD 4.31 Billion

April 29, 2026
PM Modi Inaugurates 594-KM Long Access-Controlled Greenfield Ganga Expressway In UP’s Hardoi

PM Modi Inaugurates 594-KM Long Access-Controlled Greenfield Ganga Expressway In UP’s Hardoi

April 29, 2026
EAM Jaishankar meets Ecuadorian counterpart Gabriela Sommerfeld

EAM Jaishankar meets Ecuadorian counterpart Gabriela Sommerfeld

April 29, 2026
PM Modi to inaugurate Ganga Expressway in Hardoi today

PM Modi to inaugurate Ganga Expressway in Hardoi today

April 29, 2026

Recent News

India Emerges as Key Trading Partner for Kenya; Trade Grows to USD 4.31 Billion

India Emerges as Key Trading Partner for Kenya; Trade Grows to USD 4.31 Billion

April 29, 2026
PM Modi Inaugurates 594-KM Long Access-Controlled Greenfield Ganga Expressway In UP’s Hardoi

PM Modi Inaugurates 594-KM Long Access-Controlled Greenfield Ganga Expressway In UP’s Hardoi

April 29, 2026
EAM Jaishankar meets Ecuadorian counterpart Gabriela Sommerfeld

EAM Jaishankar meets Ecuadorian counterpart Gabriela Sommerfeld

April 29, 2026
PM Modi to inaugurate Ganga Expressway in Hardoi today

PM Modi to inaugurate Ganga Expressway in Hardoi today

April 29, 2026
News Point

© 2022 NewsPoint - Global News Network Powered by Brands Bloom.

Follow Us

Browse by Category

  • Business
  • Education
  • Entertainment
  • Health
  • International
  • Latest News
  • National
  • News
  • Politics
  • Politics VDO
  • Sports
  • Uncategorized

Recent News

India Emerges as Key Trading Partner for Kenya; Trade Grows to USD 4.31 Billion

India Emerges as Key Trading Partner for Kenya; Trade Grows to USD 4.31 Billion

April 29, 2026
PM Modi Inaugurates 594-KM Long Access-Controlled Greenfield Ganga Expressway In UP’s Hardoi

PM Modi Inaugurates 594-KM Long Access-Controlled Greenfield Ganga Expressway In UP’s Hardoi

April 29, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 NEWSPOINT - Global News Network Brands Bloom.

Powered by
...
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by
No Result
View All Result

© 2022 NEWSPOINT - Global News Network Brands Bloom.