The meeting also reviewed preparations for the Indian industry minister’s expected visit to Cairo in November, during which he is scheduled to participate in a business forum bringing together Egyptian and Indian companies and visit the Suez Canal Economic Zone.
Egyptian Minister of Industry Khaled Hashem met with India’s Ambassador to Egypt, Suresh K. Reddy, to discuss ways to strengthen industrial cooperation between the two countries and increase Indian industrial investment in the Egyptian market.
The meeting also reviewed preparations for the Indian industry minister’s expected visit to Cairo in November, during which he is scheduled to participate in a business forum bringing together Egyptian and Indian companies and visit the Suez Canal Economic Zone.
Hashem said economic relations between Egypt and India have witnessed tangible progress in recent years, supported by the growing presence of Indian companies operating across various sectors in the Egyptian market.
He stressed Egypt’s openness to attracting more Indian companies, with the aim of benefiting from their extensive industrial expertise and advanced technologies, enhancing the capabilities of the local workforce and promoting greater industrial integration between the two countries.
The minister also highlighted Egypt’s interest in establishing industrial partnerships between the Egyptian and Indian private sectors to meet domestic market needs and expand exports to international markets.
He noted that Egypt’s strategic location and network of trade agreements position the country as a gateway for products seeking access to European, African and Arab markets.
Hashem also expressed Egypt’s interest in exchanging expertise with India in the field of industrial policy, particularly given India’s experience in implementing legislative reforms aimed at reducing bureaucracy and easing procedural burdens on manufacturers.
He added that Egypt’s Ministry of Industry is currently working to streamline industrial procedures and facilitate the investment journey for small-scale industrial investors.
