Indian Enterprises Signal Strong Appetite for Investment in Algeria as Both Nations Eye Strategic Growth Across Key Sectors

Indian Enterprises Signal Strong Appetite for Investment in Algeria as Both Nations Eye Strategic Growth Across Key Sectors

✍️ 𝓑𝔂: 𝓓𝓻. 𝓗𝓪𝓷𝓪 𝓢𝓪𝓪𝓭𝓪

𝓐𝓵𝓰𝓲𝓮𝓻𝓼 – 𝓕𝓮𝓫𝓻𝓾𝓪𝓻𝔂 𝟐𝟎𝟐𝟔 – Indian companies are increasingly positioning Algeria as a priority investment destination, viewing the country as a strategic gateway to European and African markets, as evidenced by discussions held during a high-level business forum organized by the Algerian Chamber of Commerce and Industry (CACI) in Algiers.

The forum brought together Algerian economic operators and a broad delegation of Indian counterparts to explore concrete opportunities for cooperation, partnership and direct investment across a wide range of sectors, against the backdrop of a marked upswing in bilateral relations and a business climate described by participants as promising and conducive to growth.

Indian operators expressed strong interest in expanding and consolidating their presence in Algeria, citing the country’s economic reforms, its improving legal and regulatory framework, and its strategic geographical positioning. Talks focused on sectors with high added-value potential, notably the pharmaceutical industry, regarded as a strategic pillar, alongside mechanical industries, agriculture, industrial equipment, advanced technologies and manufacturing.

Discussions also addressed the establishment of joint ventures, the development of mixed enterprises and the promotion of productive, long-term investments capable of generating technology transfer and sustainable employment.

Speaking on the occasion, CACI President Tayeb Chebab underlined that the forum reflected the shared determination of Algeria and India to elevate their economic and trade relations to match their untapped potential. He stressed that bilateral trade could be significantly expanded thanks to Algeria’s attractive business environment, streamlined administrative procedures, evolving investment legislation and active support for exports toward African and Arab markets with which Algeria maintains preferential trade agreements.

Chebab called on Indian investors to actively contribute to Algeria’s economic diversification strategy, particularly through technology transfer, skills development and value-added industrial projects.

For her part, Sihem Nafaa, Director of Promotion and Support of Economic Exchanges at the Ministry of Foreign Affairs, highlighted the “solidity of bilateral relations,” emphasizing that such forums are essential to identifying win-win partnerships. She noted that Algeria’s strategic location, the quality of its infrastructure and its legal framework collectively provide favorable conditions for value creation and mutually beneficial cooperation.

India’s Ambassador to Algeria, Dr. Swati Vijay Kulkarni, recalled that this delegation represents the second Indian business mission to Algeria within a single month, following the recent visit of a major pharmaceutical-focused delegation. She pointed to the diversity of sectors represented, including automotive, textiles, agri-food industries, chemicals and engineering, and stressed the importance of B2B meetings in translating political goodwill into tangible economic projects.

The ambassador also reaffirmed the strength and positive momentum of Algerian-Indian relations, further bolstered by the “historic” visit of Indian President Droupadi Murmu to Algeria in October 2024 and the organization of the first Indo-Algerian Business Forum. She underlined the growing perception among Indian investors of Algeria as a strategic access point to Europe and Africa.

In a context marked by Algeria’s ongoing economic diversification and the sustained growth of the Indian economy, Ambassador Kulkarni expressed confidence in the emergence of new, mutually beneficial partnerships, calling on operators from both countries to deepen cooperation based on shared interests.

Meanwhile, Manish Sharma, President of the Federation of Indian Export Organisations (FIEO), stated that the mission aims to translate the strong political relations between India and Algeria into concrete commercial outcomes. He described the Algerian market as a “strategic entry point” for Indian companies seeking to expand across Africa, adding that Indian enterprises are well positioned to supply high-quality products that meet international standards at competitive prices.

This visit builds on the momentum generated by the recent Indo-Algerian business forum in Algiers, focused on the pharmaceutical industry, epitomizing a deliberate and structured strategy to deepen bilateral economic engagement across multiple high-priority sectors. The Forum convened nearly 100 Indian operators representing more than 65 pharmaceutical companies, signaling robust interest in tangible investment ventures within Algeria.

Against this backdrop, Algeria and India appear poised to translate their historically grounded friendship into a forward-looking economic partnership commensurate with their respective ambitions. Rooted in a shared anti-colonial legacy and reinforced by decades of political alignment within the Non-Aligned Movement, bilateral relations today are entering a phase defined less by symbolism and more by strategic convergence and tangible outcomes. As Algeria advances its vision of economic diversification and regional leadership, and as India consolidates its ascent as a global economic powerhouse, the convergence of interests between the two countries offers a rare window of opportunity for mutually reinforcing growth.

The breadth of sectors identified for cooperation—ranging from infrastructure, energy, and heavy industry to pharmaceuticals, digital technologies, and agri-industry—underscores the depth of untapped potential awaiting activation. Yet beyond figures and forecasts, it is the renewed political will at the highest levels, coupled with a shared commitment to South–South cooperation, that lends substance to these prospects. In this sense, the Algerian–Indian relationship is no longer confined to the memory of a “historical friendship,” but is steadily being reshaped into a pragmatic, resilient, and future-oriented partnership—one capable of generating sustainable value, strengthening economic sovereignty, and contributing to stability and development across Africa, Asia, and beyond.

In 2024, the evolving dynamic found its concrete expression in the state visit of the President of India, Droupadi Murmu to Algeria, amplifying the historical momentum underpinning bilateral ties. Marking the first high-level Indian visit in years—after former Vice President Mohammad Hamid Ansari’s visit in 2016 and the journey of India’s Minister of State for External Affairs, Shri Morlidan, in 2021—this engagement underscores that Algeria–India relations are entering a stage where strategic alignment and practical cooperation take precedence over ceremonial diplomacy.

Since the establishment of diplomatic relations in July 1962, the two nations have cultivated a resilient partnership grounded in a shared anti-colonial struggle and membership in the founding cohort of the Non-Aligned Movement. Over decades, this relationship has matured across multiple domains, institutionalized through structured mechanisms for dialogue and consultation, most notably the parliamentary friendship group inaugurated in 2020. Shared perspectives on countering terrorism, extremism, and promoting global security provide a firm platform for expanding collaboration across critical economic sectors.

Under the renewed leadership of President Abdelmadjid Tebboune and President Murmu, both countries are actively pursuing diversified strategic partnerships. High-level exchanges, including Prime Minister Narendra Modi’s recent congratulatory message on President Tebboune’s re-election, have reaffirmed the depth of mutual trust, shared convictions, and alignment on regional and international matters. Simultaneously, India has emphasized its commitment to expanding and deepening cooperation for the mutual benefit of both peoples.

Complementing these political foundations, legal and regulatory frameworks are being strengthened through ongoing negotiations on double taxation avoidance, customs cooperation, and investment promotion and protection agreements, while business-to-business interactions are intensifying to generate tangible outcomes.

Key areas of cooperation span infrastructure, heavy industry, mechanical engineering, hydrocarbons, electricity, mining, and railways, alongside pharmaceuticals, textiles, agriculture, petrochemicals, fertilizer production, phosphate and iron processing, desalination, and ICT. Looking forward, both nations aspire to achieve substantial growth over the next five years, with Algeria targeting a GDP of approximately $400 billion by 2027 to assert itself as a leading African economy, while India aims to become the world’s third-largest economy by the same horizon, sustaining annual growth of around 7 percent.

— 𝐄𝐍𝐃 —

📡🌍 | 𝓐𝓫𝓸𝓾𝓽 𝓓𝔃𝓪𝓲𝓻 𝓣𝓾𝓫𝓮 𝓜𝓮𝓭𝓲𝓪 𝓖𝓻𝓸𝓾𝓹 | 🌍📡
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📰 𝓓𝔃𝓪𝓲𝓻 𝓣𝓾𝓫𝓮 𝓲𝓼 𝓪 𝓽𝓻𝓪𝓲𝓵𝓫𝓵𝓪𝔃𝓮𝓻 𝓲𝓷 𝓐𝓵𝓰𝓮𝓻𝓲𝓪𝓷 𝓭𝓲𝓰𝓲𝓽𝓪𝓵 𝓳𝓸𝓾𝓻𝓷𝓪𝓵𝓲𝓼𝓶, 𝓭𝓮𝓵𝓲𝓿𝓮𝓻𝓲𝓷𝓰 𝓱𝓲𝓰𝓱-𝓺𝓾𝓪𝓵𝓲𝓽𝔂 𝓬𝓸𝓷𝓽𝓮𝓷𝓽 𝓲𝓷 𝓐𝓻𝓪𝓫𝓲𝓬, 𝓕𝓻𝓮𝓷𝓬𝓱, 𝓪𝓷𝓭 𝓔𝓷𝓰𝓵𝓲𝓼𝓱. 𝓦𝓲𝓽𝓱 𝓶𝓸𝓻𝓮 𝓽𝓱𝓪𝓷 📈 500,000 𝓭𝓪𝓲𝓵𝔂 𝓬𝓵𝓲𝓬𝓴𝓼, 𝓲𝓽 𝓻𝓪𝓷𝓴𝓼 𝓪𝓶𝓸𝓷𝓰 𝓽𝓱𝓮 𝓶𝓸𝓼𝓽 𝓲𝓷𝓯𝓵𝓾𝓮𝓷𝓽𝓲𝓪𝓵 𝓶𝓮𝓭𝓲𝓪 𝓹𝓵𝓪𝓽𝓯𝓸𝓻𝓶𝓼 𝓲𝓷 𝓽𝓱𝓮 𝓬𝓸𝓾𝓷𝓽𝓻𝔂.

🏆 𝓐𝔀𝓪𝓻𝓭𝓮𝓭 𝓽𝓱𝓮 𝓟𝓻𝓮𝓼𝓲𝓭𝓮𝓷𝓽 𝓸𝓯 𝓽𝓱𝓮 𝓡𝓮𝓹𝓾𝓫𝓵𝓲𝓬’𝓼 𝓟𝓻𝓲𝔃𝓮 𝓯𝓸𝓻 𝓟𝓻𝓸𝓯𝓮𝓼𝓼𝓲𝓸𝓷𝓪𝓵 𝓙𝓸𝓾𝓻𝓷𝓪𝓵𝓲𝓼𝓽 𝓲𝓷 𝓽𝓱𝓮 𝓔𝓵𝓮𝓬𝓽𝓻𝓸𝓷𝓲𝓬 𝓟𝓻𝓮𝓼𝓼 𝓬𝓪𝓽𝓮𝓰𝓸𝓻𝔂 (🗓 𝓞𝓬𝓽𝓸𝓫𝓮𝓻 22, 2022), 𝓓𝔃𝓪𝓲𝓻 𝓣𝓾𝓫𝓮 𝓲𝓼 𝔀𝓲𝓭𝓮𝓵𝔂 𝓻𝓮𝓬𝓸𝓰𝓷𝓲𝔃𝓮𝓭 𝓯𝓸𝓻 𝓲𝓽𝓼 𝓮𝓭𝓲𝓽𝓸𝓻𝓲𝓪𝓵 𝓮𝔁𝓬𝓮𝓵𝓵𝓮𝓷𝓬𝓮 𝓪𝓷𝓭 𝓲𝓷𝓽𝓮𝓰𝓻𝓲𝓽𝔂.

📱 𝓜𝓪𝓼𝓼𝓲𝓿𝓮 𝓓𝓲𝓰𝓲𝓽𝓪𝓵 𝓡𝓮𝓪𝓬𝓱:
🔴 600,000+ 𝓨𝓸𝓾𝓣𝓾𝓫𝓮 𝓼𝓾𝓫𝓼𝓬𝓻𝓲𝓫𝓮𝓻𝓼
🔵 6 𝓶𝓲𝓵𝓵𝓲𝓸𝓷+ 𝓯𝓸𝓵𝓵𝓸𝔀𝓮𝓻𝓼 𝓪𝓬𝓻𝓸𝓼𝓼 𝓕𝓪𝓬𝓮𝓫𝓸𝓸𝓴 𝓹𝓪𝓰𝓮𝓼
📸 70,000+ 𝓘𝓷𝓼𝓽𝓪𝓰𝓻𝓪𝓶 𝓯𝓸𝓵𝓵𝓸𝔀𝓮𝓻𝓼

🎥 𝓞𝓹𝓮𝓻𝓪𝓽𝓲𝓷𝓰 𝓯𝓻𝓸𝓶 𝓼𝓽𝓪𝓽𝓮-𝓸𝓯-𝓽𝓱𝓮-𝓪𝓻𝓽 𝓼𝓽𝓾𝓭𝓲𝓸𝓼, 𝓓𝔃𝓪𝓲𝓻 𝓣𝓾𝓫𝓮 𝓫𝓻𝓸𝓪𝓭𝓬𝓪𝓼𝓽𝓼 𝓻𝓲𝓬𝓱 𝓪𝓷𝓭 𝓭𝓲𝓿𝓮𝓻𝓼𝓮 𝓹𝓻𝓸𝓰𝓻𝓪𝓶𝓶𝓲𝓷𝓰, 𝓲𝓷𝓬𝓵𝓾𝓭𝓲𝓷𝓰:
🗞 𝓝𝓮𝔀𝓼 | ⚽ 𝓢𝓹𝓸𝓻𝓽𝓼 | 🎭 𝓔𝓷𝓽𝓮𝓻𝓽𝓪𝓲𝓷𝓶𝓮𝓷𝓽 | 🕌 𝓡𝓮𝓵𝓲𝓰𝓲𝓸𝓷 | 🎨 𝓒𝓾𝓵𝓽𝓾𝓻𝓮

🗣️ 𝓕𝓮𝓪𝓽𝓾𝓻𝓲𝓷𝓰 𝓲𝓷𝓽𝓮𝓻𝓪𝓬𝓽𝓲𝓿𝓮 𝓽𝓪𝓵𝓴 𝓼𝓱𝓸𝔀𝓼 𝓪𝓷𝓭 𝓮𝔁𝓬𝓵𝓾𝓼𝓲𝓿𝓮 𝓲𝓷𝓽𝓮𝓻𝓿𝓲𝓮𝔀𝓼 𝔀𝓲𝓽𝓱 𝓹𝓻𝓸𝓶𝓲𝓷𝓮𝓷𝓽 𝓯𝓲𝓰𝓾𝓻𝓮𝓼 𝓯𝓻𝓸𝓶 𝓹𝓸𝓵𝓲𝓽𝓲𝓬𝓼, 𝓫𝓾𝓼𝓲𝓷𝓮𝓼𝓼, 𝓪𝓻𝓽𝓼, 𝓪𝓷𝓭 𝓶𝓸𝓻𝓮, 𝓓𝔃𝓪𝓲𝓻 𝓣𝓾𝓫𝓮 𝓼𝓮𝓻𝓿𝓮𝓼 𝓪𝓼 𝓪 𝓴𝓮𝔂 𝓹𝓵𝓪𝓽𝓯𝓸𝓻𝓶 𝓯𝓸𝓻 𝓹𝓾𝓫𝓵𝓲𝓬 𝓭𝓲𝓼𝓬𝓸𝓾𝓻𝓼𝓮 𝓪𝓷𝓭 𝓬𝓲𝓿𝓲𝓬 𝓮𝓷𝓰𝓪𝓰𝓮𝓶𝓮𝓷𝓽.

📰 𝓘𝓽𝓼 𝓹𝓻𝓲𝓷𝓽 𝓼𝓹𝓸𝓻𝓽𝓼 𝓭𝓪𝓲𝓵𝔂, “𝓓𝔃𝓪𝓲𝓻 𝓢𝓹𝓸𝓻𝓽,” 𝓮𝓷𝓳𝓸𝔂𝓼 𝓸𝓿𝓮𝓻 50,000 𝓭𝓪𝓲𝓵𝔂 𝓭𝓸𝔀𝓷𝓵𝓸𝓪𝓭𝓼 𝓿𝓲𝓪 𝓽𝓱𝓮 𝓸𝓯𝓯𝓲𝓬𝓲𝓪𝓵 𝔀𝓮𝓫𝓼𝓲𝓽𝓮—𝓯𝓾𝓻𝓽𝓱𝓮𝓻 𝓬𝓮𝓶𝓮𝓷𝓽𝓲𝓷𝓰 𝓽𝓱𝓮 𝓹𝓵𝓪𝓽𝓯𝓸𝓻𝓶’𝓼 𝓶𝓾𝓵𝓽𝓲𝓶𝓮𝓭𝓲𝓪 𝓵𝓮𝓪𝓭𝓮𝓻𝓼𝓱𝓲𝓹.

🎖️ 𝓗𝓸𝓷𝓸𝓻𝓮𝓭 𝔀𝓲𝓽𝓱 𝓽𝓱𝓮 𝓜𝓮𝓭𝓲𝓪 𝓛𝓮𝓪𝓭𝓮𝓻𝓼𝓱𝓲𝓹 𝓐𝔀𝓪𝓻𝓭 𝓫𝔂 𝓽𝓱𝓮 𝓯𝓸𝓻𝓶𝓮𝓻 𝓜𝓲𝓷𝓲𝓼𝓽𝓮𝓻 𝓸𝓯 𝓒𝓸𝓶𝓶𝓾𝓷𝓲𝓬𝓪𝓽𝓲𝓸𝓷, 𝓜𝓸𝓱𝓪𝓶𝓮𝓭 𝓛𝓪â𝓰𝓪𝓫, 𝓪𝓷𝓭 𝓬𝓮𝓵𝓮𝓫𝓻𝓪𝓽𝓮𝓭 𝓪𝓽 𝓽𝓱𝓮 𝓗𝓲𝓵𝓪𝓵𝓼 𝓸𝓯 𝓽𝓱𝓮 𝓣𝓮𝓵𝓮𝓿𝓲𝓼𝓲𝓸𝓷 𝓪𝔀𝓪𝓻𝓭𝓼, 𝓓𝔃𝓪𝓲𝓻 𝓣𝓾𝓫𝓮 𝓬𝓸𝓷𝓽𝓲𝓷𝓾𝓮𝓼 𝓽𝓸 𝓵𝓮𝓪𝓭 𝔀𝓲𝓽𝓱 𝓲𝓷𝓷𝓸𝓿𝓪𝓽𝓲𝓸𝓷, 𝓲𝓷𝓯𝓵𝓾𝓮𝓷𝓬𝓮, 𝓪𝓷𝓭 𝓲𝓶𝓹𝓪𝓬𝓽.

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