The Ghana-India Chamber of Commerce (GICC) has called on Ghanaian businesses and policymakers to deepen collaboration with Indian businesses to facilitate technology and knowledge transfer and accelerate the country’s transition from a consumption-driven economy to a production-oriented one.
Mr. Victor Yao Nyakey, Director of Protocol at the GICC, said Ghana could leverage India’s experience in manufacturing, production, and business development to strengthen local industries and create greater opportunities for sustainable economic growth.
He said the ongoing Ghana-India Business-to-Business (B2B) programme in Accra was therefore not only about buying and selling products but also about creating opportunities for Ghanaian and Indian businesses to establish partnerships that could promote technology transfer, knowledge sharing, and mutual economic development.
Mr. Nyakey made the remarks in an interview with the Mydailynewsonlinecom on Tuesday, October 6, 2026, on the second day of the Ghana-India B2B programme.
He explained that the programme brought together Ghanaian businesses seeking products and suppliers from India and Indian manufacturers and exporters looking for opportunities to enter or expand their presence in the Ghanaian market.
“It is a buyer-seller meet. We have Ghanaian businesses who are buyers and importers and are looking for products from India, and we also have Indian businesses who are manufacturers and suppliers of Made-in-India products,” he said.
Mr Nyakey said the collaboration with the Federation of Indian Export Organisations (FIEO) was also intended to help Ghanaian businesses identify credible suppliers and obtain quality products from India.
He said beyond commercial transactions, the initiative provided an important platform for both countries to strengthen their economic relationship and explore opportunities for technology and knowledge transfer.
According to him, Ghana’s current push towards industrialisation and the establishment of new businesses made it necessary for the country to learn from countries such as India that had developed considerable capacity in manufacturing and production.
“We are moving from consumption to production, and for us to do that, we need to learn from countries that are advanced in production and manufacturing, and India is one of those countries,” he said.
Mr. Nyakey said Ghanaian businesses could benefit significantly from Indian expertise by developing partnerships that went beyond the importation of finished products to include local manufacturing, skills development, technology transfer, and the establishment of productive ventures.
He said the B2B programme was part of efforts to create a platform where such partnerships could begin and develop into long-term business relationships.
Mr. Nyakey also highlighted the contributions of key stakeholders during the first day of the programme, including India’s High Commissioner to Ghana, H.E. Surinder Bhagat, who encouraged stronger economic cooperation between the two countries.
He said the Ghana Investment Promotion Centre (GIPC) also used the programme to highlight opportunities in Ghana and encourage Indian businesses to consider investing in the country.
Mr. Nyakey said the GICC President, Dr. Kwabena Ekremet, further challenged Ghanaian businesses to work harder, grow their enterprises, and make them attractive to financial institutions and government agencies.
He said the Federation of Indian Export Organisations also brought Indian businesses to Ghana to explore opportunities for partnerships and joint business ventures with Ghanaian companies.
Mr. Nyakey described the B2B programme as a significant step towards strengthening Ghana-India economic relations and expressed the hope that similar engagements would be organised regularly to deepen business cooperation between the two countries.
He said sustained Ghana-India business engagement could help create a stronger foundation for investment, industrialisation, technology transfer, and economic transformation.
The programme was organised by the GICC in collaboration with the Federation of Indian Export Organisations, bringing together businesses from both countries to explore commercial partnerships and investment opportunities.
The initiative forms part of broader efforts to strengthen Ghana-India economic cooperation and create practical opportunities for businesses in both countries to expand their markets and develop mutually beneficial partnerships.
By Joseph Kobla Wemakor
