India-Tanzania bilateral trade hits $9.02 billion in 2025–26, set to grow
Synopsis
Key Takeaways
Bilateral trade between India and Tanzania reached $9.02 billion in 2025–26, up from $8.64 billion in 2024–25, the government announced on Friday, 1 May, reaffirming a shared commitment to deepen trade, investment, and economic cooperation between the two nations. The milestone was underscored at the fifth session of the India-Tanzania Joint Trade Committee (JTC), held in Dar es Salaam.
Key Outcomes of the JTC Meeting
The JTC session was co-chaired by Commerce Secretary Rajesh Agrawal and Dr. Samwel William Shelukindo, Permanent Secretary, Ministry of Foreign Affairs and East African Cooperation of the United Republic of Tanzania. Discussions spanned a wide range of sectors, including trade settlement in local currencies, long-term business visas for Indian businesspersons, and regulatory collaboration in pharmaceuticals.
The committee also identified health, AYUSH, education, and shipbuilding as priority areas for capacity building. According to a Commerce Ministry statement, cooperation in the mining sector — including geological exploration, value addition in the gemstone sector, and regulatory developments related to gemstone exports — featured prominently in the deliberations.
Education, Digital Infrastructure and MSME Cooperation
The role of IIT Madras Zanzibar as a growing regional hub for higher education in science and technology was highlighted during the session. Enhanced collaboration in the MSME sector and exploration of new institutional partnerships were also emphasised, with vocational training, industrial research, innovation, and sustainable technologies identified as promising avenues.
Developments in digital cooperation were reviewed under an existing Memorandum of Understanding (MoU), with a specific focus on digital public infrastructure, including India Stack. India also offered its expertise in shipbuilding, highlighting shipyard development and port infrastructure alongside potential partnerships with Tanzanian institutions.
Development Cooperation: Over $1.1 Billion in Lines of Credit
India's development cooperation through Lines of Credit exceeding $1.1 billion for water infrastructure projects in Tanzania was spotlighted. These projects, currently under implementation, are expected to benefit over 6 million people across 24 towns. Continued collaboration in expanding water supply networks remains a stated priority.
The importance of fisheries and marine resources in supporting economic growth, livelihoods, and food security was also underscored. Cooperation in renewable energy, natural gas, biofuels, and power infrastructure was discussed, further broadening the bilateral agenda.
Business Delegation and Joint Business Meet
A delegation of Indian businesspersons, led by the Confederation of Indian Industry (CII), accompanied Commerce Secretary Agrawal. An India-Tanzania Joint Business Meet was organised alongside the JTC session, with participation from leading Indian and Tanzanian business representatives. Agrawal expressed appreciation for the accelerating trade partnership and the growing synergy between the two markets.
This comes amid India's broader push to deepen economic ties across East Africa, with Tanzania emerging as one of its most active bilateral partners on the continent. The trajectory of bilateral trade — growing by nearly $400 million in a single year — signals momentum that both governments appear keen to sustain through institutional frameworks and sector-specific agreements.