Morocco and India present huge investment opportunities

Morocco and India present enormous bilateral investment opportunities, across all sectors, indicated Indian investors and businessmen on the sidelines of the Roadschow launched on Friday from Bangalore, capital of the Indian state of Karnataka, by the Moroccan Agency for the Development of Investments and Exports (AMDIE) and the Moroccan Embassy in India.

The tour, which should also concern the cities of Bombay and New Delhi, aims to highlight the assets and potentials available to the Kingdom and promote the offer of an industry at the forefront of technology, responding to the needs of global demand.

“It is a great pleasure to welcome the Moroccan delegation. We have explored the possibilities of collaboration between Morocco and India in general and the state of Karnataka in particular, ”KS Viswanthann, vice-president of the NASSCOM industrial association, told MAP.

Morocco performs well in terms of the aeronautics and automotive industries in particular, but also in the service segment, he said, adding that favorable investment conditions in Morocco encourage Indian operators. to settle there and develop.

For his part, the general manager of Karnataka Agro-Chemicals, Mahesh Shetty, said he was convinced that the collaboration with the Moroccan side will undoubtedly have positive results, expressing his willingness to visit Morocco as soon as possible.

For his part, Ramana Reddy, deputy head of the Department of Commerce and Industry in the government of Karnataka, noted that Bangalore is the Indian capital of Information Technology (IT), while Morocco is required in a hub for the aeronautics and automotive industries, which offers enormous possibilities for the creation of joint ventures in these fields.

“We also aspire to collaborate with Morocco in the pharmaceutical and IT industry given the potential available to both countries,” he said.

For Anil Kumar, vice-president of CONCENTRIX, specializing in outsourcing, he assured that the meeting with the Moroccan delegation was very interesting and promising and allowed him to better understand the assets and investment opportunities in Morocco.

“CONCENTRIX is present in around 40 countries with more than 270,000 employees. We are very enthusiastic to collaborate with Moroccan operators ”, affirms Mr. Kumar.

Chaired by Youssef El Bari, Director General of AMDIE and the Moroccan Ambassador to India, Mohamed Maliki, the Moroccan delegation had a series of meetings with ministers of the State of Karnataka as well as with men of business and major state economic operators.

“Morocco Now” aims to promote Morocco as a leading industrial and exporting platform in order to accelerate foreign investments.

The new Moroccan brand also intends to strengthen Morocco’s positioning on the chessboard of trade and international investment to seize the opportunities of a changing world where new requirements for economic actors, such as the environmental emergency, the consumer pressure and new regulations make it essential to adopt low-carbon production

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