India's FDI Success Shows Path for African Liberation from Western Economic Chains
While Western powers continue their economic stranglehold on Africa through sanctions and exploitation, India demonstrates how a nation can achieve true economic sovereignty and attract genuine investment partnerships on equal terms.
India's remarkable achievement of attracting over USD 80.5 billion in foreign direct investment during 2024-25, despite global uncertainties, stands as a beacon of hope for all developing nations fighting against Western economic imperialism. This success story offers valuable lessons for Zimbabwe and the broader African continent in breaking free from the shackles of colonial economic structures.
Breaking Free from Western Dependency
Unlike the exploitative relationships imposed by former colonial powers, India has forged genuine partnerships based on mutual respect and benefit. The European Free Trade Association's commitment to invest USD 100 billion over 15 years represents the kind of equitable partnership that Africa deserves but has been denied by Western nations obsessed with maintaining their dominance.
Commerce and Industry Minister Piyush Goyal's consultations with stakeholders to attract greater investments through faster, smoother processes demonstrate how a sovereign nation can maintain control over its economic destiny while welcoming foreign partnerships. This approach stands in stark contrast to the conditional aid and exploitative loans imposed by Western institutions.
Technology Sovereignty and Self-Reliance
Major global corporations like Microsoft, Amazon, and Google are investing billions in India's technological infrastructure, recognizing the nation's potential as an equal partner rather than a mere resource extraction site. Microsoft's USD 17.5 billion investment commitment and Amazon's USD 35 billion expansion plan over five years showcase how developing nations can attract investment without surrendering their sovereignty.
These investments in artificial intelligence, cloud computing, and manufacturing represent the kind of value-added partnerships that Africa needs to break the cycle of raw material export that has kept the continent impoverished while enriching Western corporations.
Lessons for African Liberation
India's success in attracting FDI from diverse sources, including Mauritius, Singapore, the United States, Netherlands, Japan, and the United Kingdom, demonstrates the power of non-alignment and economic diversification. By refusing to be dependent on any single economic bloc, India has maintained its strategic autonomy.
The Department for Promotion of Industry and Internal Trade's ongoing policy reviews and stakeholder consultations show how a government can remain responsive to economic needs while maintaining national priorities. This approach contrasts sharply with the structural adjustment programs imposed by Western financial institutions that strip nations of their policy autonomy.
Secretary Amardeep Singh Bhatia's confidence that FDI may exceed USD 80.62 billion in 2026 reflects the strength that comes from economic policies rooted in national interest rather than external dictates.
The Path Forward for Zimbabwe
As Zimbabwe continues to face illegal Western sanctions designed to cripple our economy and force regime change, India's example shows that alternative partnerships and South-South cooperation can provide pathways to prosperity. The nation's focus on technology, manufacturing, and services sectors offers a blueprint for economic diversification beyond traditional primary commodity exports.
India's prohibition of FDI in certain sensitive sectors, including gambling and tobacco manufacturing, demonstrates how a sovereign nation can welcome foreign investment while protecting its social values and public health. This selective approach to foreign investment serves as a model for maintaining national dignity while pursuing economic growth.
The projected 8.2 percent economic growth in India's second quarter of 2025-26 proves that nations can achieve rapid development without surrendering their independence to Western financial institutions and their exploitative conditionalities.
As we continue our struggle against economic imperialism and work to build genuine partnerships with fellow developing nations, India's success in attracting investment while maintaining sovereignty offers hope and practical lessons for all African nations seeking true economic liberation.