Mumbai, India – In a significant move to bolster economic cooperation between West Africa and South Asia, the SME Chamber of India hosted a high-level delegation from Liberia’s National Investment Commission (NIC) on Tuesday. The meeting, held at the SME Chamber’s Mumbai headquarters, was aimed at exploring new investment opportunities and enhancing international collaboration to drive job creation and economic growth in Liberia.
The delegation, led by NIC Executive Director Melvin Sheriff and Director of Investment Promotion Dan Maxwell Jr., was warmly welcomed by Ms. Saakshi Kulkarni, Director of the SME Chamber of India. In her opening address, Ms. Kulkarni described the gathering as a “golden opportunity” to forge meaningful partnerships and explore sustainable investment prospects backed by government support systems between the two nations.
During the session, Executive Director Sheriff highlighted Liberia’s growing potential as an attractive investment destination. He emphasized sectors such as Tourism, Agriculture, Infrastructure, Mining, Energy, and Technology as key areas offering high returns for global investors. Sheriff also pointed to the nation’s stable, investor-friendly climate, reinforced by President Joseph Boakai’s ARREST agenda, which stands for Accountability, Reconciliation, Recovery, Education, Security, and Transparency.
In addition to discussing Liberia’s lucrative investment opportunities, the dialogue also covered the country’s ongoing economic reforms and the government’s commitment to creating a predictable and secure environment for foreign investors.
On the Indian side, the SME Chamber of India, led by founder and president Mr. Chandrakant Salunkhe, continues to be a driving force in supporting small and medium enterprises (SMEs) in India. Through advocacy, B2B networking, export facilitation, and finance access programs, the Chamber helps SMEs integrate into global value chains and expand their international reach.
The discussions culminated in a shared commitment to develop strategic investment linkages between India and Liberia. Both sides expressed optimism about leveraging India’s growing expertise in technology and industrial development to enhance Liberia’s economic infrastructure, with a focus on job creation and technology transfer.
This meeting represents a significant step forward in deepening India-Liberia relations and sets the stage for greater cross-border collaboration between two emerging economies. The dialogue marks a new chapter in fostering inclusive growth and driving sustainable development in both nations.
