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Tags: Summits Economics/Business
The 2 day (19 and 20 July 2022) 17th CII(confederation of Indian Industries) Exim Bank Conclave on India - Africa Growth Partnership started in New Delhi on 19 July 2022.
The conclave was inaugurated by the Director -General of CII, Chandrajit Banerjee.
The conclave will focus on project exports, trade, investments, exchange of knowledge and expertise creating shared value for business and industry at large between India and Africa.
A total of 22 African countries are participating in the conclave.
The focus countries of the conclave are Zambia, Namibia and Gambia.
The theme of the conclave is: Creating Shared Futures
The Union Commerce and Industry minister, Piyush Goel attended the inaugural session of the conclave. While addressing the conclave he said that India is willing to help and strengthen partnership with African countries in four fields of defence sector, solar energy, digital and physical infrastructure and start-up ecosystem.
CII- EXIM Bank Conclave on India-Africa Growth Partnership
Important for Exams
Export -Import Bank of India (EXIM Bank)
Exim Bank was established by the Government of India, under the Export-Import Bank of India Act, 1981.
It started its operation in March 1982.
Function of the Bank
Headquarters of EXIM Bank: Mumbai
Managing Director: Ms. Harsha Bangari
Confederation of Indian Industries (CII)
It is a business lobby group of top business houses in India.
It was set up in 1895.
It works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes.
Headquarters: New Delhi
President: Sanjiv Bajaj
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