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India - Zambia Business and Cultural Council

Zambia, located in southern Africa, is known for its abundant copper reserves, which are central to its economy. It features diverse landscapes, including the Victoria Falls, and is home to rich wildlife and vibrant cultures.

Ambassador and Consul General

Global India Business Forum presented an Honorary Membership to Mrs. Mumbi N.Deliwe Acting High Commissioner High Commission of the Republic of Zambia to India. The GIBF team had a fruitful discussion on collaborating for different business opportunities and trade between the two countries. Dr. Jitendra Joshi, Founder and Global President of GIBF, and Deepali Gadkari, Co-Founder and Secretary General, attended the meeting.

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Copper and other mineral resources.

Mining, particularly copper and cobalt.

About Zambia

ABOUT Zambia

Zambia, a landlocked country in southern Africa, is renowned for its extensive copper reserves, which play a crucial role in its economy. Its capital city is Lusaka, and other major cities include Ndola and Kitwe. The country is known for its diverse landscapes, ranging from lush plateaus and savannahs to the stunning Victoria Falls, one of the world's largest and most famous waterfalls. Zambia's climate is predominantly tropical, with a rainy season from November to April and a dry season from May to October.
Zambia boasts a rich cultural heritage with over 70 ethnic groups, each contributing to the country’s vibrant traditions and festivals. The Zambian economy is also supported by agriculture, with crops like maize, cassava, and tobacco being significant. Despite its natural wealth, Zambia faces challenges such as poverty and infrastructure development. It is also committed to conservation, with numerous national parks and wildlife reserves that protect its diverse flora and fauna. The Zambian people are known for their warmth and hospitality, making the country a welcoming destination for visitors.

Business Opportunities in Zambia

BUSINESS OPPORTUNITIES IN Zambia

Zambia offers diverse business opportunities, largely driven by its rich natural resources and growing economic sectors. The mining industry, particularly copper, remains central, with opportunities in exploration, processing, and related services. Agriculture also holds promise, especially in crop production, livestock, and agro-processing, leveraging Zambia's fertile land and favorable climate.
The tourism sector is expanding, with potential in eco-tourism, lodge development, and travel services, capitalizing on attractions like Victoria Falls and national parks. Additionally, the energy sector presents opportunities, especially in renewable energy projects such as solar and hydro power, due to Zambia's power needs and ample sunlight.
Real estate development is growing, with increasing demand for residential, commercial, and industrial properties driven by urbanization and infrastructure projects. The retail sector is also expanding, fueled by rising consumer spending. The Zambian government offers incentives for foreign investment, creating a favorable environment for entrepreneurs and investors.

Exports and Imports In Zambia

Overview In 2022 Zambia was the number 132 economy in the world in terms of total exports and the number 116 in total imports.

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Top Exports of Zambia

The top exports of Zambia are Scrap Iron ($564M), Petroleum Coke ($509M), Crude Petroleum ($495M), Acyclic Alcohols ($418M), and Raw Aluminium ($337M), exporting mostly to China ($703M), Turkey ($597M), Spain ($518M), United States of America ($438M), and Brazil ($361M).

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Top Imports of Zambia

The top imports of Zambia are Soybean Oil ($365M), Soybean Meal ($305M), Corn ($286M), Rice ($244M), and Raw Sugar ($241M), importing mostly from China ($3.01B), United States of America ($2.21B), Brazil ($1.33B), Colombia ($632M), and Turkey ($366M).

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