Will Africa become the world's new manufacturing hub? Indian billionaire bets on it

Indian businessman Gagan Gupta, through the Arise Group, is aiming to transform Africa from a raw materials supplier into an integrated industrial hub. He plans to achieve this by establishing special economic zones, industrial projects, and logistics facilities across multiple African countries. His strategy, which focuses on boosting local manufacturing and developing sectors such as textiles, energy, and mining, targets billions of dollars in investments and the creation of several million jobs. Emphasizing the utilization of local natural resources and adding value to African products, Gupta remains optimistic despite criticisms and challenges, affirming that Africa's industrial transformation is still in its early stages.

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