Indian Firm Breaks Ground on $16 Million Ferro Alloys Plant in Egypt’s Suez Canal Economic Zone
Jai Dadi Group has launched construction of its Nile Ferro Alloys plant in Egypt’s East Ismailia Industrial Zone within the Suez Canal Economic Zone. The $16 million project will produce ferroalloys for steel and infrastructure industries and generate about 300 jobs. Attended by Indian and Egyptian officials, the initiative highlights expanding India–Egypt cooperation in manufacturing and supports Egypt’s strategy to develop Sinai as a key industrial hub.
