India–Ghana Business Conclave Sets Stage for Bigger Trade Flows and Deeper Investment Partnerships

 

Ghanaian companies are positioning themselves for new growth opportunities as the High Commission of India and the Ghana National Chamber of Commerce & Industry (GNCCI) prepare to host the India–Ghana Business Conclave tomorrow Thursday, December 11, in Accra.

With the theme “Expanding India-Ghana Business Synergies for Inclusive Growth,” the meeting aims to turn long-standing diplomatic and commercial goodwill into stronger trade volumes, strategic investments, and technology partnerships.

A Trade Relationship with Strong Foundations

India remains one of Ghana’s most significant trading partners and a major destination for Ghanaian exports such as gold, cocoa, cashew, and timber. Bilateral trade exceeded USD 3 billion in the 2024–25 financial year, with Ghana maintaining a healthy trade surplus. India’s exports spanning pharmaceuticals, machinery, transport equipment, electricals, iron and steel, plastics, cereals, and textiles continue to anchor Ghana’s industrial and consumer markets.

Economic momentum has accelerated since the Indian Prime Minister’s State Visit in July 2025, during which both governments elevated their relationship to a Comprehensive Partnership. They have committed to doubling bilateral trade within the next five years, leveraging India’s strong capabilities in agriculture, pharmaceuticals, infrastructure, IT, fintech, and SME development.

Trade flows have surged further in the first half of FY 2025–26, already surpassing USD 3 billion and tracking toward a historic high by year-end.

Indian Investment Footprint Continues to Expand

As India advances toward becoming the world’s third-largest economy, its companies are expanding across emerging markets Ghana included. Firms such as Tata, Ashok Leyland, Mahindra & Mahindra, L&T, NIIT, Shapoorji Pallonji, and several pharmaceutical manufacturers have established operations in Ghana’s ICT, agribusiness, manufacturing, and services sectors.

Data from the Ghana Investment Promotion Centre (GIPC) shows Indian companies have invested in 818 projects worth US$1.92 billion between 1994 and September 2024. The Indian business community and diaspora continue to play an active role in strengthening commercial ties.

What the Conclave Offers Ghanaian Businesses

For local businesses navigating tight financing, high input costs, and increasing sub-regional competition, the Conclave presents a strategic entry point into India’s vast markets, supply chains, and technology ecosystem. Key benefits include:

• New investment inflows into Ghanaian industries

• Joint ventures and technology transfer partnerships

• Stronger SME and agribusiness support

• Expanded access to Indian markets and distributors

• Better positioning for regional and global competitiveness

Shaping the Future of Bilateral Trade Policy

Discussions and recommendations from the event will feed into the upcoming India–Ghana Joint Trade Committee (JTC) meeting, giving Ghanaian businesses an opportunity to influence future policy directions and commercial frameworks.

High-Level Engagement Expected

Ghana’s Minister of Trade, Agribusiness and Industry will serve as Chief Guest. The programme features keynote addresses, a panel discussion with industry leaders and the media, an interactive session, and a dedicated networking platform linking Ghanaian and Indian companies.

Organisers expect the Conclave to spark new business deals, strengthen investment flows, and reinforce the economic bridge between Accra and New Delhi.

As Ghana pursues export-led growth and industrialisation, the India–Ghana Business Conclave offers a timely platform for building partnerships that can help local enterprises scale, innovate, and compete globally.