Goyal’s Egypt visit to focus on trade and investment

India–Egypt merchandise trade reached $6.5 billion in FY26. FIEO sees scope for Indian companies to expand exports and forge manufacturing partnerships.

Highlights

  • Commerce and Industry Minister Piyush Goyal will lead a business delegation to Egypt on November 14–15.
  • Bilateral merchandise trade reached $6.5 billion in FY26, with Indian exports at $3.9 billion and imports at $2.6 billion.
  • India is Egypt’s fifth-largest source of imports, according to FIEO.
  • A proposed India–Egypt Startup Summit would bring together entrepreneurs, investors and technology companies.

New Delhi, Nov 10 — Commerce and Industry Minister Piyush Goyal will lead a business delegation to Egypt on November 14–15, a visit that the Federation of Indian Export Organisations (FIEO) said could help expand bilateral trade and investment. The exporters’ body sees opportunities for Indian companies to sell a wider range of goods in Egypt, form manufacturing partnerships and use the country as a base to serve nearby markets.

India–Egypt merchandise trade reached $6.5 billion in 2025–26. India exported goods worth $3.9 billion to Egypt and imported goods worth $2.6 billion. Petroleum products, engineering goods, chemicals, cotton yarn, buffalo meat and pharmaceuticals accounted for a substantial share of Indian shipments.

FIEO President S C Ralhan said India’s position as Egypt’s fifth-largest source of imports gives exporters a foothold to diversify what they sell and improve access to the Egyptian market. He pointed to the size of Egypt’s domestic market, its location and its trade links as advantages for Indian companies seeking customers and manufacturing partners.

Egypt’s trade links offer access to regional markets

Egypt’s free trade agreements cover markets across Africa, the Arab region and parts of Europe. Along with its Mediterranean connectivity, those agreements could make Egypt a base for Indian companies looking to produce and distribute goods across the region, Ralhan said. Businesses seeking preferential access would need to meet the relevant rules of origin and other requirements under the applicable trade agreements.

Ralhan also said Egyptian interest in Indian expertise could open opportunities in technology, manufacturing and infrastructure. More than 700 Indian companies are registered in Egypt, according to FIEO. Around 70 actively operate across various sectors, with combined investments exceeding $5.5 billion.

Proposed startup summit could connect businesses and investors

The proposed India–Egypt Startup Summit would bring together entrepreneurs, investors and technology companies from both countries to explore commercial partnerships. It would give startups and investors a forum to pursue business opportunities alongside the delegation’s broader trade and manufacturing agenda.

FIEO said the visit could also help Indian companies participate more actively in regional supply chains. For exporters already selling to Egypt, that could mean exploring local production or distribution partnerships alongside direct shipments from India

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