Discussing ways to boost economic co-operation and expand investment opportunities between Egypt and India topped the agenda of official talks on Tuesday.
During a meeting with Indian Ambassador to Cairo, Suresh Reddy, Minister of Industry and Transport Kamel el-Wazir highlighted the strong historical ties between Cairo and New Delhi, stressing the importance of strengthening industrial partnerships to support both economies.
He welcomed Indian companies to invest in Egypt, particularly in renewable energy, infrastructure, and manufacturing, noting the country’s commitment to becoming a regional hub for industry.
For his part, Ambassador Reddy described Egypt as a strategic gateway to Africa and Europe, offering great opportunities for Indian businesses.
He pointed out that Indian investments in Egypt currently stand at $3.5 billion, with expansion plans in sectors including industry, logistics, ports, and renewable energy.
The Indian diplomat praised Egypt’s recent measures to support investors and remove challenges quickly, adding that many Indian companies are keen to establish new factories in Egypt and use it as a base to access European markets.
Both sides emphasised their commitment to deepening bilateral relations.
Ambassador Reddy also invited el-Wazir to visit India to meet officials and major Indian companies, while el-Wazir invited Indian investors to participate in the “Industry and Transport Together for Sustainable Development” exhibition scheduled for November 2025.
El-Wazir affirmed that Egypt remains open to all serious investments, describing industrial cooperation with India as a strategic priority that will strengthen the national economy and create new growth opportunities.
