3 weeks ago

India, Namibia identify critical minerals as key bilateral cooperation area

India, Namibia identify critical minerals as key bilateral cooperation area
India, Namibia identify critical minerals as key area for trade and investment push · livemint.com

India and Namibia are two countries that have decided to become better friends and business partners.

They want to work together on special minerals called "critical minerals," like lithium and copper.

These minerals are used to make things like batteries, phones, and clean energy.

The two countries met in New Delhi, India, in August to talk about their plans.

They agreed to work together from digging minerals out of the ground to turning them into finished products.

This is good for Namibia because it will create more jobs there and help the country build things itself.

It is also good for India because it needs a steady supply of these important minerals.

The two countries also plan to work together on health care, digital payments, clean energy, and trains.

Their trade together is growing and reached almost $593 million in the latest year.

India is also making bigger trade plans with several countries in southern Africa.

Key facts

Bilateral trade (2025-26)
$592.94 million
Bilateral trade (2024-25)
$568.40 million
India's exports to Namibia (2025-26)
$349.09 million
India's imports from Namibia (2025-26)
$243.85 million
Engineering goods export growth
124.06% (to $30.24 million)
Pharmaceutical and medical device exports
$36.50 million
Joint Trade Committee session
Fourth session, New Delhi, 10-11 August
WayaMe launch in Namibia
15 June, built on India's Unified Payments Interface

Sources

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