Goyal To Lead India Business Delegation For Egypt Trade And Investment Talks

Commerce and Industry Minister Piyush Goyal will begin a two-day visit to Egypt on Sunday, accompanied by a high-level Indian business delegation comprising more than 140 CEOs and senior industry representatives. The visit will focus on strengthening bilateral trade and investment ties and exploring opportunities for industrial cooperation.

Discussions are expected to cover manufacturing, infrastructure, ports, logistics and the Suez Canal Economic Zone, alongside measures to facilitate greater business participation in both markets. Egypt’s geographical location also offers Indian companies access to markets across Africa, the Middle East and Europe, according to an official statement.

The seventh session of the India-Egypt Joint Trade Committee (JTC) will be co-chaired by Goyal and Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh on Sunday. The meeting will review bilateral trade and investment relations and explore ways to diversify and expand the existing trade basket.

The commerce ministry said discussions would cover market access issues, non-tariff barriers, trade remedies and agricultural and food products. Other areas on the agenda include pharmaceuticals, healthcare, engineering goods, chemicals, petrochemicals, fertilisers, textiles, MSMEs, customs cooperation, services, renewable energy, green hydrogen, transport and logistics.

The India-Egypt Joint Business Council (JBC) meeting and Business Forum will bring together business leaders and industry stakeholders from both countries. The platforms are expected to facilitate discussions on joint ventures, technology partnerships, bilateral investment and greater industrial collaboration.

Investment And Industry Ties
During the visit, Goyal will hold bilateral meetings with senior Egyptian ministers to discuss ways to strengthen economic and commercial relations, particularly in trade, investment and industrial cooperation. He will also interact with leading business representatives and hold meetings with the African Export-Import Bank (Afreximbank) and the Egyptian Junior Businessmen Association.

The minister is also scheduled to participate in the Egypt-India Startups Forum. The commerce ministry said both countries have significant opportunities to expand cooperation in manufacturing, pharmaceuticals, automobiles, textiles, chemicals, engineering goods, food processing, renewable energy, logistics and emerging technologies.

Bilateral merchandise trade between India and Egypt stood at USD 5.04 billion during April-September 2026, registering a growth of 64 per cent over the corresponding period of the previous year. The expansion comes as both countries seek to widen trade opportunities and strengthen commercial engagement.

India’s exports to Egypt amounted to USD 3.87 billion in 2025-26, while imports from the country stood at USD 2.60 billion. India’s major exports include meat and poultry products, petroleum products, organic chemicals, cotton and machinery. On the import side, crude petroleum, fertilisers, cotton and mineral products account for India’s major purchases from Egypt.