South Africa's Deputy Minister of Trade and Industry Elizabeth Thabethe and the delegation will arrive in India for the fifth annual Investment and Trade Initiative (ITI) from February 24 to 28.
The ITI is part of South Africa's Department of Trade and Industry's export and investment promotion strategy to focus on India as a high growth export market and FDI source.
According to Thabethe, India's emerging economy is expected to play an important and growing role in South Africa and the global economy in coming years.
"World trade patterns are changing, and trade with India is of growing importance to South Africa," Thabethe said.
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"India has been one of our top 10 trading partners for the past few years and is now our fifth-largest export destination and sixth-largest source of imports, according to the latest data," she said.
The latest ITI will target the promotion of South Africa's agro-processing, beneficiated metals and mining technology, automotive components and electro-technical sectors in India.
The expected outcomes as a result of the initiative are to generate trade leads, identify potential buyers and to build a presence and image of South Africa's diverse sectors in India.
The last ITI in India was held in September 2013.