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Cabinet information: 75 years of Egyptian-Indian diplomatic relations

24 January، 2023
cabinet-information:-75-years-of-egyptian-indian-diplomatic-relations

Aya Hussein

Published by the Information Center And support for decision-making in the Council of Ministers A new infographic monitors the features of trade exchange between Egypt and India during the fiscal year 2021/ 2021 Coinciding with President Abdel Fattah El-Sisi’s departure to India at the head of a delegation that includes ministers and other officials on a 3-day official visit, from 26 January through 15 January 2023, at the invitation of Indian Prime Minister Narendra Modi, and he will be honored as a chief guest at the country’s 2022 anniversary celebrations for its independence.

The volume of trade between Egypt and India during the fiscal year was 2022 / 2022 about 7.15 billions of dollars, with an increase of (%) for the fiscal year 440/ 697; This means 3. 35 billion dollars, the volume of Egypt’s exports to India, with an increase of 86% for the fiscal year 440/ 2021, and 3. 74 billion dollars, the volume of Egypt’s imports from India, with an increase of 75% for the fiscal year 440/ 2021. Mineral oils/petroleum, fertilizers, inorganic chemicals, and cotton were the most important Egyptian exports to India, while buffalo meat, iron and steel, light vehicles, and cotton yarn were the most important Indian exports to Egypt.

The number of Indian companies in Egypt is more than 52 a company with total investments of 3. 02 Billions of dollars in many fields, and provide about 35 thousand direct and non-direct job opportunities directly. These companies were led by TCI Sanmar with the largest investment of $1.5 billion, followed by Alexandria Carbon Black, Kirloskar, Dabur India, Flex B Films, Paintsscape, Godrej Group, Mahindra Group, and Monginis.

24 January، 2023