Over 100 Indian Companies Eye Uganda’s Market Opportunities

Uganda has intensified its economic diplomacy efforts with a high-level investment roadshow in India aimed at attracting private sector capital and deepening bilateral trade ties.

In line with its mandate of promoting Economic and Commercial Diplomacy as a tool for transformative growth, the Uganda High Commission in New Delhi, in collaboration with the Confederation of Indian Industry (CII), has embarked on a multi-city roadshow spanning Ahmedabad, Mumbai and Chennai from April 13 to 17, 2026.

CII, India’s largest industry-led institution, plays a central role in driving India-Africa cooperation through initiatives such as the India-Africa Business Forum scheduled for May 2026. The platform brings together businesses, governments and institutions to foster impactful partnerships, making the Uganda roadshow a strategically significant engagement.

The primary objective of the forum is to create awareness about Uganda’s investment potential and to catalyze the Indian private sector into considering the country as a premier investment destination in Africa.

The engagement attracted a broad Ugandan delegation, including representatives from the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), Uganda Investment Authority, Uganda Free Zones and Export Promotion Authority, Ministry of Finance, Planning and Economic Development (MoFPED), Private Sector Foundation Uganda (PSFU), Uganda Chamber of Mines and Energy, and the Uganda Association of Artisanal and Small Scale Miners.

On the Indian side, the forum drew participation from over 100 companies operating in key sectors such as agro-industrialization, tourism, manufacturing, and science and technology.

Uganda and India share longstanding historical ties rooted in trade and migration, with a significant portion of the Indian business community in Uganda tracing its origins to Gujarat. This connection informed the decision to launch the roadshow in Ahmedabad, a major commercial hub in western India.

The two countries have also strengthened relations through people-to-people connections, shared democratic values, and sustained high-level engagements.

India continues to maintain a strong presence in Uganda across sectors including pharmaceuticals, agriculture, manufacturing, education and renewable energy, contributing significantly to the country’s economic development.

Uganda’s strategic geographical location positions it as a key gateway to the East African region and the wider African market. India’s strengths in information and communications technology (ICT), financial technology (FinTech), automotive manufacturing and light engineering align closely with Uganda’s ambitions for digital transformation and industrialization.

There is also growing potential for collaboration in renewable energy, particularly solar power and green technologies, as well as in agriculture, food processing, agro-technology, tourism, education and capacity building.

Officials say the roadshow is expected to lay a strong foundation for deeper and more sustained engagement between Ugandan and Indian business communities.

A draft Market Survey Report published by CII was also launched during the forum, providing insights to guide future investment decisions and partnerships.