DAR ES SALAAM, July 16 -- TANZANIA has set its sights on raising trade volume with India to over 10 billion US dollars (about 26tri/-) in the 2025/2026 financial year, while also attracting more investment from the Asian giant, particularly in the pharmaceutical sector, to strengthen the countrys healthcare system.

The ambitious target was announced by the Deputy Minister for Industry and Trade, Mr Exaud Kigahe, during a side-line interview at the Tanzania–India Business Forum held on Tuesday in Dar es Salaam.

“In the 2024/2025 fiscal year, trade between the two countries reached 7 billion US dollars (about 18tri/-),” Mr Kigahe said. “Tanzania primarily exports raw agricultural products such as cashew nuts and mi...