Kenya woos India’s leather market to spur growth

Kenya is luring India's high-value leather investors to reduce the trade deficit between the two countries.

Speaking during a Kenyan-India stakeholders meeting in Nairobi, Industry and Enterprise Development PS Julius Korir said an Indian delegation comprising high profile leather industry leaders, is in the country seeking attractive investment opportunities.

"We are excited at these potential opportunities to amplify our trade and investment relationship as we seek to leverage our competitive advantages for sustained growth in the leather sector for our mutual benefit. We have had long and productive connections in the past and these discussions today will further that bond as we expand our portfolio of commodities and to develop our industrial capacity" said Korir

Korir said the meeting is a follow-up of several trade deals signed to the tune of Sh440 million by Prime Minister Narendro Modi and President, Uhuru Kenyatta during Modi's official visit to Kenya in July this year.