24 Hrs
Source:
بوابة الشروق
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Indian ambassador in Cairo discusses Egypt's top industrial firm and plans for an economic zone
The dialogue with the Indian ambassador to Egypt, Suresh Reddy, highlighted the depth of Egyptian-Indian relations. He pointed out that President Abdel Fattah El-Sisi’s visit to India was successful and contributed to expanding the horizons of cooperation between the two countries, especially in the fields of energy and food. He mentioned that the largest industrial company in Egypt is Indian, and there are more than 75 Indian factories in Egypt, with increasing interest from Indian investors in the Egyptian market. The ambassador also affirmed India’s desire to establish an Indian economic zone in Egypt within the Suez Canal Economic Zone, which is significant for India due to its role in global trade movement. Indian trade volume amounts to approximately $1.4 trillion. The Suez Canal remains a key hub for supporting trade flows between India and the rest of the world, as both sides seek to expand and develop economic cooperation and Indian investments in Egypt.
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