India’s Commerce and Industry Minister Piyush Goyal to Visit Egypt with High-Level Business Delegation
India’s Minister of Commerce and Industry, Piyush Goyal, will pay an official visit to Egypt from November 14 to 17, 2026, accompanied by a high-level business delegation, at the invitation of Egypt’s Minister of Investment and Foreign Trade, Dr. Mohamed Farid Saleh.
The visit is expected to give fresh impetus to the India-Egypt Strategic Partnership, with a particular focus on expanding bilateral trade and investment, strengthening industrial cooperation, fostering innovation, and promoting business-to-business partnerships.
The visit follows Egyptian President Abdel Fattah El-Sisi’s participation in the BRICS Summit in India in September 2026, during which he held bilateral talks with Indian Prime Minister Narendra Modi. The two leaders reaffirmed their commitment to further strengthening the India-Egypt Strategic Partnership, including their shared ambition to expand trade and investment cooperation. Minister Goyal’s upcoming visit reflects the positive momentum in bilateral relations and the determination of both countries to translate political commitments into stronger economic and commercial ties.
Trade and investment cooperation remains a key pillar of the strategic partnership between India and Egypt, under the leadership of President El-Sisi and Prime Minister Modi. As prominent members of BRICS and partners in the Global South, the two countries share a commitment to promoting economic growth, sustainable development, and stronger South-South cooperation.
Reflecting the growing interest of Indian industry in the Egyptian market, the minister will be accompanied by a high-level business delegation comprising CEOs and senior representatives of 150 leading Indian companies.
During his visit, Minister Goyal is scheduled to hold high-level meetings with Egyptian officials and key ministers overseeing investment and foreign trade, industry, foreign affairs, and planning and economic development.
A key highlight of the visit will be the seventh meeting of the India-Egypt Joint Trade Committee, which will be convened for the first time at the ministerial level. The meeting will provide an important platform to review bilateral trade and investment relations, address outstanding issues, and identify new avenues for economic cooperation.
Strengthening Business and Investment Ties
Direct engagement between the business communities of the two countries will feature prominently on the minister’s agenda. The India-Egypt Business Forum is expected to bring together more than 300 Indian and Egyptian companies representing a wide range of sectors.
Minister Goyal will also participate in a meeting of the India-Egypt Joint Business Council and hold discussions with leading Egyptian CEOs and business representatives. These engagements aim to explore opportunities to expand bilateral trade, promote two-way investments, strengthen industrial value chains, and establish new commercial partnerships.
Focus on Startups, Innovation and Technology
Innovation and entrepreneurship will also be central to the visit. A delegation of 30 Indian startups will travel to Egypt, showcasing the dynamism of India’s startup ecosystem and its cutting-edge, digitally enabled solutions.
As part of the minister’s programme, the first India-Egypt Start Forum will bring together Indian startups, their Egyptian counterparts, and representatives of the wider Egyptian innovation ecosystem. The forum will explore opportunities for collaboration in emerging fields, including health technology, education technology, agricultural technology, and digital solutions.
Minister Goyal is also scheduled to engage with the African Export-Import Bank (Afreximbank) and leading Egyptian business associations to explore opportunities for expanding Indian business partnerships in Egypt and across the African continent.
Growing Economic Relations and Untapped Potential
Economic relations between India and Egypt have expanded significantly in recent years. Bilateral trade reached approximately US$6.5 billion in the 2025–26 financial year, while Indian investments in Egypt have exceeded US$5.5 billion, generating substantial employment opportunities for Egyptian nationals.
Both countries see considerable untapped potential for cooperation across a broad range of sectors, including engineering goods, chemicals, pharmaceuticals, textiles, automotive manufacturing, renewable energy, information technology, agricultural products, and logistics.
Egypt’s strategic geographical location, industrial capabilities, and connectivity with African, Arab, and European markets, combined with India’s expanding manufacturing base and technological strengths, offer significant opportunities for mutually beneficial cooperation.
As India and Egypt prepare to mark the 80th anniversary of the establishment of their diplomatic relations in 2027, Minister Goyal’s visit is expected to further consolidate their Strategic Partnership and advance the shared vision of Prime Minister Narendra Modi and President Abdel Fattah El-Sisi for a stronger, more diversified, and forward-looking economic relationship between the two countries.
