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Saturday, October 18, 2025
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Growing India-Egypt ties open doors for collaboration in EV, renewables, fintech

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New Delhi, Oct 18 – India and Egypt just held their first strategic dialogue, a meeting that signs a new chapter in the countries’ partnership. The talks open fresh doors for collaboration in many hot‑spot areas, especially electric vehicles, food security, defence, tech, and start‑ups.

“India and Egypt see huge opportunities to grow together,” said Muddassir Qamar, an associate professor at Jawaharlal Nehru University’s Center for West Asian Studies, in a report quoted by Arab News. He added that the biggest gains will come from investment, energy and defence ties.

Egypt is eager for Indian companies to step in and help meet local market needs while boosting exports. The Suez Canal Economic Zone (SCZONE) offers generous incentives, with tax breaks and customs exemptions that look very attractive to investors.

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Minister of External Affairs S. Jaishankar praised the strengthened collaboration that began with the India‑Egypt Strategic Partnership in 2023. He said both sides will work on political, economic, defence, maritime, and counter‑terrorism cooperation.

During a two‑day visit, Egyptian Foreign Minister Dr Badr Abdelatty co‑chaired the dialogue. He highlighted SCZONE again as a prime investment platform and expressed interest in an Indian industrial zone near the Gulf of Suez, north‑west of the Red Sea.

Former ambassador Anil Trigunayat told Arab News that the two sides will explore digital public infrastructure, fintech, pharmaceuticals, start‑ups, and innovation, along with renewable energy investments.

All told, the India‑Egypt dialogue signals a booming partnership that could reshape trade, technology, and security in the region.

Source: ianslive


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