South Africa and India 2024: Celebrating 30 Years of Renewed Diplomatic Relations and Growing Trade

Trade between India and South Africa rebounded in 2024, overcoming the slowdown caused by the COVID-19 pandemic. Bilateral trade reached USD 19 billion, surpassing pre-pandemic levels and marking a significant milestone in economic collaboration.

Celebrating 30 Years of Diplomatic Relations

This year commemorated the 30th anniversary of resumed diplomatic ties between the two nations. After decades of strained relations due to apartheid, 1994 marked the beginning of a new era of cooperation. Anil Sooklal, South Africa’s first Indian-origin ambassador to India, played a pivotal role in strengthening these ties.

Investment and Entrepreneurship Initiatives

Several initiatives aimed at fostering business and investment were launched in 2024. India’s Consul General, Mahesh Kumar, highlighted key programs, such as the India-South Africa Investment Network and capacity-building sessions for South African entrepreneurs. The India Business Forum also facilitated sector-specific meetings to enhance Indian business engagement in South Africa.

Strengthening Trade and Investment Opportunities

At a seminar promoting bilateral investments, South Africa's Trade Minister, Parks Tau, reiterated his country’s commitment to deepening trade relations with India. Discussions urged South African investors to engage directly with India, bypassing Western mediators, to maximize opportunities.

Digital Economy and Technology Collaboration

India’s achievements in empowering its citizens through the digital economy were spotlighted at a seminar. Phuti Mahanyele, CEO of Naspers, praised Indian entrepreneurs for their global-scale capabilities. This collaboration underscores the growing synergy in technology and innovation between the two nations.

Energy Sector Partnerships

India’s Power Minister, Manohar Lal Khattar, attended the "Matla-Urja Energy Conference" in South Africa to explore energy sector partnerships. The event culminated in a memorandum of understanding between India’s NTPC and South Africa’s Eskom, emphasizing cooperation in energy self-sufficiency.

Empowering Women in Solar Technology

As part of the bilateral partnership, 22 South African women engineers visited India for training in solar panel manufacturing and installation, showcasing a commitment to knowledge exchange and sustainability.

Defence and Aerospace Collaboration

Indian defence companies showcased their capabilities at the Africa Aerospace and Defence (AAD) expo in Pretoria. These efforts reflect India’s expanding footprint in Africa’s defence sector and a commitment to regional security.

Automotive Industry Success

Mahindra South Africa celebrated success as its Scorpio-N SUV was named the top Adventure SUV. This recognition highlights the growing impact of Indian automotive giants in South Africa.

Railways and Telecom Agreements

RailTel Corporation of India Ltd signed agreements with South African firms, opening avenues for collaboration in railways and telecommunications. These developments aim to enhance connectivity and infrastructure in both countries.

Cultural Exchange and Media Impact

Zee Zonke, a channel by India’s Zee Limited catering to South Africa’s Zulu-speaking community, emerged as a top-ranking pay TV channel. This success underscores the role of cultural exchange in strengthening bilateral ties.

High-Level Engagements at Raisina Dialogue 2024

South Africa’s Deputy Minister of International Relations and Cooperation, Candith Mashego-Dlamini, represented her nation at the Raisina Dialogue in India. Themed “South Rising,” the event emphasized South-South cooperation and laid the groundwork for the upcoming G20 Summit in South Africa.

South Africa's G20 Presidency in 2025

Looking ahead, South Africa will host the G20 Summit in 2025 under the theme “Fostering Solidarity, Equality, and Sustainable Development.” This event will further spotlight the nation’s leadership on the global stage.

Conclusion

The year 2024 marked a significant chapter in the India-South Africa partnership, characterized by strengthened trade ties, cultural exchanges, and strategic collaborations across various sectors. The bilateral trade surpassing USD 19 billion reflects a robust economic rebound, while initiatives such as the India-South Africa Investment Network and energy sector partnerships underscore a shared vision for sustainable growth. Celebrating 30 years of renewed diplomatic relations, the two nations have deepened their cooperation, paving the way for future opportunities. With South Africa set to host the G20 Summit in 2025, the foundation for a stronger, more inclusive partnership is firmly in place, promising a brighter future for both countries.