Business Standard

India needs to outflank China in Africa: Exim Bank CEO Rasquinha

Adding that exporters needed to outflank the Chinese and not fight them, Rasquinha said exporters need to tie up with Japanese companies

Exim Bank CEO and MD David Rasquinha
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Left: Exim Bank CEO and MD David Rasquinha

Subhayan Chakraborty New Delhi
India need not be afraid of China's growing investments across Africa, as the size of the continent assures growth for all and intelligent Indian investments will ensure growth, David Rasquinha, Managing Director and Chief Executive Officer of the Export-Import (Exim) Bank of India, said. 

"Why do we have to take on the Chinese? There's enough business for all of us together. The infrastructure needs of the African continent surpass the capacity provided by institutions from India, China, Japan, Korea, and the US. There is enough business for all of us," Rasquinha said.

Adding that exporters needed to outflank the Chinese

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