The bilateral trade between India and Africa and even between India and Zambia is not a new phenomenon. India has planned to invest about US $90 billion in Africa for its overall development and to create a favourable environment for locals. Since 2002, there has been a steady improvement in the investment climate and business environment in Zambia as reflected in higher foreign direct investment. Due to the welcoming approach, many investors from India and people of Indian origin settled in Zambia have pumped money into diverse economic sectors. This article focuses on Zambia’s economic policies aimed at creating employment by furthering friendly relations with India. It also examines the economic activities and assesses outcomes of companies from India as well as those owned by people of Indian origin in Zambia and by the Indian diaspora outside the country.
