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What are the investments of India in Afghanistan?

What are the investments of India in Afghanistan?

At the 2020 Geneva Conference, Indian Foreign Minister S. Jaishankar said New Delhi would construct the Shatoot Dam in the Kabul district. The dam would provide drinking water to more than 2 million Afghans. Moreover, India would also undertake over 100 projects worth $80 million in Afghanistan, Jaishankar announced.

How many investments does India have in Afghanistan?

With its investments in other highway and building projects, in total, India has put around $3 billion into Afghanistan, making it one of the largest regional donors to the country.

How many Indian companies are working in Afghanistan?

Commercial ties between Afghanistan and India have strengthened with the announcement by officials at the Afghanistan Investment Support Agency (ASIA) on Saturday that 17 Indian companies agreed to invest in several sectors of the Afghan economy.

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What is the interest of India in Afghanistan?

After the overthrow of the Taliban, India established diplomatic relations with the newly established democratic government, provided aid and participated in the reconstruction efforts. India has provided $650–750 million in humanitarian and economic aid, making it the largest regional provider of aid for Afghanistan.

What is the main industry in Afghanistan?

Economy of Afghanistan

Statistics
Main industries small-scale production of textiles, soap, furniture, shoes, fertilizer, apparel, food-products, non-alcoholic beverages, mineral water, cement; handwoven carpets; natural gas, coal, copper
Ease-of-doing-business rank 173rd (below average, 2020)
External

What are Afghanistan’s major industries?

Opium
Fruit and Tree Nut FarmingCarpet and Rug Mills
Afghanistan/Major exports

What is Afghanistan main export?

Afghanistan main exports are: carpets and rugs (45 percent of total exports); dried fruits (31 percent) and medicinal plants (12 percent). Main export partners are: Pakistan (48 percent of total exports), India (19 percent) and Russia (9 percent). Others include: Iran, Iraq and Turkey. .

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What are the economic interests of India in Afghanistan?

India-Afghanistan: Economic interests Afghanistan has a mineral wealth of about $1-3 trillion of Iron ore, Lithium, Chromium, Natural Gas, Petroleum etc. Safeguarding Indian investments and personnel in Afghan is utmost important to India as Indian investment in Afghan amounts to about $3bn.

Can India’s role in Afghanistan survive?

India’s future role Since the Northern Alliance merged into the government of former President Hamid Karzai, India has invested, overtly, more than three billion dollars in Afghanistan, in various Infrastructure projects. There is tremendous goodwill for India, but it doesn’t stand to survive if it is not backed by hard-nosed policies.

What are the security challenges faced by India in Afghanistan?

India faced many security challenges from the Taliban in Afghan during the 1990s. Pakistan has raised and supported several militant groups such as Lashkar-e-Taiba, Harkat-ul-Mujahideen/Harkat-ul-Ansar, and Harkat-ul-Jihad-al-Islami among others, which operate in India.

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How will the Taliban’s return to power in Afghanistan Impact India?

•Besides impacting the people of Afghanistan, the Taliban’s return to power in Afghanistan will impact the entire world including India. 1. Taliban’s proximity to J&K •With the takeover of Afghanistan, the Taliban is now only 400 km away from the Line of Control in India’s Jammu and Kashmir region.