South African companies were offered to take advantage of India's pool of skilled labor by the Indian Prime Minister Manmohan Singh recently.
South Africa and India had the potential to grow trade between the two countries more than fivefold from the 2005 figures to $12 billion (R92 billion) in the coming years.
India's exports to South Africa grew by 58 percent to US $1.55 billion in the year March 2006, while imports were up 11.4 percent to $2.5 billion.
India is South Africa's sixth-largest trading partner in Asia and 13th-largest partner overall.
Annual growth in total trade, including gold, between 1994 and 2002 averaged over 31 percent.
South Africa's imports from India are textiles and clothing, leather and vegetable products, while Indian imports from South Africa include minerals, chemicals base metals, textiles and pulp.
Trade with India could reach $12bn by 2010.
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