As India works to create global awareness of opportunities in the county’s successes and challenges, through the INDIA Future of Change Initiative, a panel-led discussion on “Unlocking Business Possibilities: Lessons from Nigeria-India partnership” was hosted by Lagos Business School on Wednesday.
Officiated by the Indian High Commissioner to Nigeria, Mr Mahesh Sachdev, who disclosed India’s position as Nigeria’s second largest trading partner and largest investor, the discussion focused on the existing relationship between both countries and the limitless possibilities that a partnership could hold.
On the panel were Professor Olawale Ajai, professor of legal, social and political environment of business at LBS; Mr Leo Stan Ekeh, chairman of Zinox Technologies Ltd; Dr Harbhajan Batth, group chief information officer of Chellarams Plc; Dr Uduimo Itsueli, chairman of the Nigerian-Indian Chamber of Commerce and Industry; and Mr Subhomoy Bhattacharjee, executive editor of Financial Express, India.
The panel advised Indian businesses to invest in infrastructure development in Nigeria to help provide the enabling business environment, to build techno-partnerships that add value to both parties, and to consider making Nigeria a regional hub for business process outsourcing and medical tourism.
They also said Nigeria stands to learn from India’s focus on inclusive innovation, research in high technology and resilience in getting into the global supply chain in spite of challenges in the business environment.
