Commerce and Industry Minister Piyush Goyal’s upcoming visit to Egypt is expected to strengthen bilateral trade and investment, according to FIEO. India-Egypt merchandise trade reached $6.5 billion in 2025-26, while Indian companies have already invested more than $5.5 billion in Egypt.
New Delhi, November 10 — Commerce and Industry Minister Piyush Goyal’s visit to Egypt this week could provide a fresh boost to bilateral trade, investment and manufacturing partnerships, according to the Federation of Indian Export Organisations (FIEO).
Goyal will lead a business delegation to Egypt on November 14-15, as the two countries look to expand commercial ties and explore opportunities across manufacturing, technology, infrastructure and regional supply chains.
FIEO President S C Ralhan said Egypt offers a combination of a significant domestic market, strategic geographical location and extensive regional trade connectivity.
He said the minister’s visit could help Indian companies use these advantages to expand exports and develop manufacturing partnerships.
India-Egypt trade reaches $6.5 billion
Merchandise trade between India and Egypt stood at $6.5 billion in 2025-26.
Of this, India’s exports to Egypt were worth around $3.9 billion, while imports stood at approximately $2.6 billion.
India’s major exports to Egypt include petroleum products, engineering goods, chemicals, cotton yarn, buffalo meat and pharmaceuticals.
India has also emerged as Egypt’s fifth-largest source of imports, according to FIEO.
The exporters’ body believes the visit provides an opportunity to diversify India’s export basket, improve market access and strengthen India’s position as a preferred sourcing partner.
Startup Summit could open new opportunities
The proposed India-Egypt Startup Summit could add a technology and innovation dimension to the relationship.
The summit is expected to bring together entrepreneurs, investors and technology companies from the two countries to explore potential commercial partnerships.
FIEO said growing Egyptian interest in Indian expertise could create opportunities ranging from technology and innovation to manufacturing and infrastructure.
Indian businesses could participate in Egypt’s development priorities while building commercially viable partnerships.
Egypt could become regional production hub
Egypt’s geographical position could also make it an important base for Indian companies looking to expand into other markets.
The country has a network of free trade agreements covering markets across Africa, the Arab region and parts of Europe.
Combined with its Mediterranean connectivity, these agreements could make Egypt attractive for regional manufacturing and distribution hubs.
However, companies seeking preferential market access would need to comply with applicable rules of origin and other requirements.
Indian businesses already have a significant presence in Egypt.
According to FIEO, more than 700 Indian companies are registered in Egypt, with around 70 actively operating across various sectors. Their combined investments exceed $5.5 billion.
Goyal’s two-day visit could therefore help deepen an already significant economic relationship while creating new opportunities for Indian exporters, manufacturers, startups and investors.
