Egypt and India have discussed ways to enhance economic, trade, and investment relations between the two countries, in addition to a number of key issues of mutual interest aimed at elevating the level of bilateral cooperation, according to a statement issued by Egypt’s Ministry of Investment.
This came during a meeting between Dr. Mohamed Farid Saleh, Egypt’s Minister of Investment and Foreign Trade, and India’s Ambassador to Cairo, Suresh K. Reddy. The meeting underscored the importance of strengthening joint efforts to achieve industrial integration between the two countries and leveraging the Egyptian market as a strategic launchpad to external markets. This is based on Egypt’s competitive advantages, which enable access to a large number of international markets on preferential terms, thanks to its free trade agreements with several regional and global economic blocs.
Government Focus on Improving the Investment Climate
Dr. Mohamed Farid stated that the meeting reviewed ongoing preparations for convening the seventh session of the Joint Trade Committee in Cairo in the near future. He emphasized that the government is working to create a more competitive and attractive investment climate, built on transparency, clarity, and a supportive institutional and legislative framework, alongside simplifying procedures and removing obstacles to strengthen the role of the private sector as a key partner in development.
The Minister also highlighted that the Egyptian market offers numerous investment advantages, including competitive labor costs and the availability of skilled human resources, in addition to incentives related to land allocation. He affirmed the state’s commitment to attracting – more Indian investments – and providing full support, particularly in light of the government’s serious efforts to promptly resolve all concerns facing Indian companies operating in Egypt.
Dr. Farid further stressed that Egypt seeks to expand joint cooperation with India, particularly in sectors such as food security, information and communications technology, healthcare and pharmaceuticals, water desalination, new and renewable energy, textiles, automotive industries and their components, and chemical industries—thereby achieving integration between the productive capacities of both nations.
In a move reflecting the government’s seriousness in supporting international partners, the Minister of Investment and Foreign Trade directed the organization of an expanded meeting with major Indian companies to showcase investment opportunities, competitive advantages, and available incentives in the Egyptian market. The meeting will also address challenges facing their investments, with the aim of finding fundamental solutions and advancing economic cooperation between the two countries to new horizons.
India’s Interest in Expanding Its Presence in Egypt
For his part, Ambassador Suresh K. Reddy affirmed India’s keenness to strengthen frameworks of joint economic cooperation between New Delhi and Cairo. He noted that the Indian business community holds strong appreciation for the promising investment opportunities in Egypt across various sectors of mutual interest, which provide a fertile environment for growth.
The Indian ambassador added that Indian companies have a genuine interest in expanding their presence in the Egyptian market to benefit from its strategic geographic location and available investment incentives, emphasizing the importance of intensifying joint efforts to achieve comprehensive economic development goals in both countries.
Trade Exchange Increases by 12% in 2025
It is worth noting that the volume of trade between Egypt and India reached approximately $4.203 billion in 2025, marking a 12% increase. Indian investments in Egypt are diversified across sectors including chemicals, infrastructure, tourism, and textiles. The Egyptian government is currently aiming to attract in sectors such as renewable energy, automotive industries, and pharmaceuticals, in order to deepen local manufacturing and boost export rates.
