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India investing in afghanistan

india investing in afghanistan

Afghanistan is important for India not just from the strategic viewpoint but also because it holds business potential for Indian companies. China's failure to invest in Afghanistan is frustrating the Taliban ; India engages Russia, China, US on Afghanistan; Taliban say country terror. India holds more than three billion dollars of investment in Afghanistan, and the countries' bilateral trade amounts to around $ billion. In. MOD CRYPTO

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Envoy Farid Lauds Rs 200 Crore provision for Afghanistan in the India Budget india investing in afghanistan

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The US was quick to launch a war against terrorism in Afghanistan, which brought curtains on the Taliban rule in the landlocked country. With a more certain future in sight for Afghanistan, India spent considerably on various projects in Afghanistan. Almost all the investments have been made in the past decade, post the signing of the Strategic Partnership Agreement SPA between the two countries in October , under which India committed humanitarian and development assistance to Afghanistan.

Now, with the Taliban back at the helm of affairs in Kabul, the entire Indian investments in the country are at questionable crossroads. The electric-transmission power maker KEC International developed power infrastructure in the country, with various employees being often kidnapped and abducted over the years. Kalpataru, an EPC specialising company, also spent a considerable sum of money on Afghanistan infrastructure. India had undertaken many other projects in Afghanistan - the Shahtoot Dam, drinking water project for Kabul, water supply for Charikar city, road connectivity to Band-e-Amir in Bamyan province, etc.

Now, with the Taliban seizing control of Afghanistan, the future of all these investments is uncertain. Worse still, the Chinese and Russian have taken a keen interest in the country, quickly giving legitimacy to the Taliban rule. Power Infra: Other Indian projects in Afghanistan include the rebuilding of power infrastructure such as the kV DC transmission line from Pul-e-Khumri, the capital of Baghlan province to the north of Kabul. Indian contractors and workers also restored telecommunications infrastructure in many provinces.

Thousands who lost their limbs after stepping on mines left over from the war have been fitted with the Jaipur Foot. Transportation: According to the MEA, India gifted buses and mini-buses for urban transportation, utility vehicles for municipalities, military vehicles for the Afghan Army. It also gave three Air India aircraft to Ariana, the Afghan national carrier, when it was restarting operations. Other Projects: India has contributed desks and benches for schools, and built solar panels in remote villages, and Sulabh toilet blocks in Kabul.

New Delhi has also played a role in building capacity, with vocational training institutes, scholarships to Afghan students, mentoring programmes in the civil service, and training for doctors and others. Ongoing project: India had concluded with Afghanistan an agreement for the construction of the Shatoot Dam in Kabul district, which would provide safe drinking water to 2 million residents.

Bala Hissar went on to become a significant Mughal fort, parts of it were rebuilt by Jahangir, and it was used as a residence by Shah Jahan. India-Afghanistan Bilateral trade Despite the denial of an overland route by Pakistan, the India-Afghanistan trade has grown with the establishment in of an air freight corridor.

Afghan exports are mainly fresh and dried fruit.

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'Want to export Afghan goods to India:' Taliban pitches for trade ties with New Delhi

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