Luanda: At least 15 Indian companies have shown interest in investing in strategic sectors of the Angolan economy, as announced by Caetano Capito, chairman of the Angola-India Chamber of Commerce and Industry, during the Angola-India Business Forum. These companies are aiming to invest in agriculture, civil construction, renewable energies, assembly of solar-powered vehicles, battery production, pharmaceutical industry, information technologies, and financial solutions.

According to Angola Press News Agency, the Indian delegation expressed a strong interest in the opportunities presented by the Lobito Corridor and other logistics corridors, following discussions with a ministerial entity. This interest is part of a broader strategy to establish a presence in the Angolan market.

Caetano Capito also noted the entrepreneurs' interest in exporting Angolan products such as fruits, wood, and medicinal plants. This reflects India's growing interest in natural raw materials and agricultural products from Angola.

Despite this being the first visit of the business group to Angola, the companies involved already have operations in other African markets. They have expressed confidence in Angola's economic potential and have outlined projects for entering the national market.

The relationship between Angola and India has seen significant strengthening, particularly following the signing of multiple agreements in 2025. This has expanded cooperation between the two countries into areas such as technology, infrastructure, fisheries, culture, and the environment.