On Tuesday, October 6, President John Dramani Mahama disclosed that Ghana’s exports to India have climbed from roughly US$3 billion to nearly US$7 billion, a figure he said reflects the strength of bilateral trade relations.
The announcement came during a visit by India’s Minister for External Affairs, Dr Subrahmanyam Jaishankar, to the Presidency. Mahama highlighted that the growth is largely driven by goods exports and described it as a positive sign for Ghana‑India economic ties.
He also noted that Ghana imports agricultural machinery and automobiles, including buses, from India, underscoring the mutual benefits of the trade partnership. The discussion touched on expanding cooperation in Ghana’s rail and pharmaceutical sectors, with Mahama expressing openness to Indian investment in local medicine manufacturing as part of the Accra Reset agenda for health sovereignty.
Mahama mentioned an existing collaboration between Atlantic Life Sciences, an Indian pharmaceutical firm, and Ghanaian company KinaPharma on vaccine development. He cited Prime Minister Narendra Modi’s July 2025 visit to Ghana and Dr Jaishankar’s subsequent trip as evidence of growing cooperation.
Examples of partnership highlighted included the Jubilee House, the Ghana‑India Kofi Annan Centre for ICT, and the Tema‑Mpakadan Railway Line. Dr Jaishankar conveyed greetings from Prime Minister Modi and President Droupadi Murmu, urging further concrete collaboration through new avenues.
The meeting was attended by Chief of Staff Julius Debrah, Minister for Foreign Affairs Samuel Okudzeto Ablakwa and other government officials.
Looking ahead, Ghana aims to deepen trade ties with India, particularly in rail infrastructure and pharmaceutical manufacturing, while India seeks to expand its presence in Ghanaian markets.
