Tanzania-India trade now hits $9 billion as investment ties grow
Trade between Tanzania and India has grown to $9.02 billion in the 2025/2026 financial year, bolstered by increased private sector investment. Projects like the Divine Serenity residential development highlight the deepening economic cooperation between the two nations.
Why it matters
Strengthening economic ties between India and Tanzania reflects broader trends of South-South cooperation and increased foreign direct investment in East Africa.
Dar es Salaam. Economic and investment ties between Tanzania and India continue to strengthen, with trade between the two countries reaching $9.02 billion, equivalent to approximately Sh23.8 trillion, in the 2025/2026 financial year.
India’s Embassy in Tanzania Head of Political, Information and Communication Affairs, Lakshay Anand, said this during the launch of Divine Serenity, a modern residential project comprising 136 homes located along Haile Selassie Road in Masaki, Dar es Salaam.
Mr Anand said the value of trade between Tanzania and India increased from $8.64 billion, equivalent to approximately Sh22.9 trillion, in the 2024/2025 financial year to $9.02 billion in the following financial year.
He said the increase was a positive sign of continued growth in trade and economic cooperation between the two countries.
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