Morocco and India offer significant investment opportunities in digital trades and outsourcing, said Wednesday, the minister of Digital Transition and Administration Reform, Ghita Mezzour.
India is a world leader in outsourcing and IT, while Morocco is among the top three outsourcing destinations in Africa thanks to its digital talent, the government policy aiming to promote new technologies, quality IT infrastructure and its highly developed outsourcing parks, said Mezzour, who is visiting India at the head of a delegation composed of representatives of the Moroccan Agency for Development of Investment and Exports (AMDIE) of MedZ.
“Trade between Morocco and India amounts to 2.1 billion per year and it should be increased further,” Mezzour noted in an interview with MAP, noting that this visit, as part of the policy of diversification of economic partners of Morocco, promoted by HM King Mohammed VI, aims to promote Morocco’s destination to Indian investors and explore investment opportunities in the country.
India is in the process of expanding its activities in several countries to ensure proximity to its customers, she stressed, adding, in this regard, that Morocco is presented as a country from which the Indian IT giants can serve their European and African customers through a very favorable time zone and a Moroccan youth highly qualified in terms of digital training and language skills.
India is an ideal destination for young people in search of quality digital training thanks to its several universities and institutes of technology, capable of providing qualitative and quantitative training, she pointed out.
The minister also underlined the importance of concluding more partnerships with India in terms of scholarships granted to young Moroccans wishing to continue their studies in this country, but also to explore possibilities of setting up Indian training centers in Morocco in order to provide high value-added training to young Moroccans in the field of digitalization which is a real lever to promote employability.
In addition, Mezzour noted that her visit to India seeks to increase partnerships with Indian giants, mentioning in this regard the signing last Saturday in New Delhi, in the presence of the Moroccan ambassador to India, Mohammed Maliki, a memorandum of understanding (MoU) to install in Morocco the Indian outsourcing giant, HCL Technologies, which operates in fifty countries and employs more than 200,000 people worldwide with a turnover of more than 11 billion dollars in 2022.