Significant Growth in Indian-Egyptian Cooperation Driven by Investment and Trade

Suresh K. Reddy, the Indian Ambassador to Cairo, met with Dr. Mohamed Farid Saleh, the Egyptian Minister of Investment and Foreign Trade, to discuss ways to enhance economic, trade, and investment relations between the two countries. They reviewed several vital topics of mutual interest aimed at elevating the level of bilateral cooperation.

During the meeting, emphasis was placed on the importance of strengthening joint efforts to achieve industrial integration between India and Egypt and leveraging the Egyptian market as a strategic launching pad for foreign markets. This is based on Egypt's competitive advantages, which grant it access to a large number of international markets with preferential terms, thanks to the free trade agreements signed with numerous regional and global economic blocs.

The meeting also reviewed the ongoing arrangements for holding the 7th session of the Joint Trade Committee in Cairo in the coming period.

Suresh K. Reddy, the Indian Ambassador to Cairo, affirmed his country's keenness to strengthen the frameworks of joint economic cooperation between New Delhi and Cairo. He noted that the Indian business community highly values ​​the promising investment opportunities in Egypt across numerous sectors of mutual interest, which offer a fertile environment for growth.

The Indian Ambassador added that Indian companies have a genuine desire to expand their presence in the Egyptian market to capitalize on its strategic geographic location and available investment incentives. He emphasized the importance of bolstering joint efforts to achieve comprehensive economic development goals in both countries.

For his part, the Egyptian Minister affirmed that the Egyptian government is working to provide a more competitive and attractive investment climate, based on transparency and clarity, and to offer a supportive institutional and legislative environment, while simplifying procedures and removing obstacles to enhance the role of the private sector as a key partner in development.

The Egyptian minister pointed out that the Egyptian market possesses numerous attractive features for investment, including competitive wages, a qualified workforce, and incentives for land allocation. He emphasized the government's commitment to attracting more Indian investments and providing them with all necessary support, particularly given the government's serious efforts to promptly address all concerns of Indian companies investing in Egypt.

He affirmed that Egypt seeks to develop joint cooperation with India, especially in the areas of food security, communications and information technology, health and pharmaceuticals, water desalination, new and renewable energy, textiles, automotive manufacturing and components, and chemical industries, thereby contributing to the integration of the two countries' production capacities.

In a move reflecting the Egyptian government's commitment to supporting its international partners, the Egyptian Minister of Investment and Foreign Trade directed that a comprehensive meeting be held with major Indian companies to review investment opportunities and resources, as well as the comparative advantages and investment incentives available in the Egyptian market. The meeting will also address any challenges facing their investments, aiming to find fundamental solutions and propel economic cooperation between the two countries to new heights.

It is worth noting that the volume of trade exchange between Egypt and India reached about $4 billion and 203 million in 2025, achieving an increase of 12%. Indian investments in Egypt are diverse, including the chemical, infrastructure, tourism and textile sectors. The Egyptian state is currently aiming to attract more of these investments in the renewable energy, automotive and pharmaceutical industries sectors to deepen local manufacturing and increase export rates.