Union Commerce Minister Piyush Goyal will visit Egypt with a high-level business delegation, aiming to expand trade, investment and cooperation in startups, pharmaceuticals and infrastructure.

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• Union Commerce and Industry Minister Piyush Goyal will travel to Egypt with a high-level business delegation, as highlighted by the Federation of Indian Export Organisations (FIEO) on November 10, 2026.
• A proposed India-Egypt Startup Summit is planned to coincide with the visit, bringing together entrepreneurs, investors and technology firms.
• Talks are expected to cover trade, investment, startups, fintech, pharmaceuticals, automobile components and infrastructure.
• Earlier reports said the visit would include the India Business Forum and a visit to the Suez Canal Economic Zone, where an Indian industrial zone is planned.
• FIEO says India-Egypt merchandise trade reached US$6.5 billion in FY 2025-26, with Indian exports of US$3.9 billion and imports of US$2.6 billion.
• Egypt's investment and trade minister cited a different figure in August 2026, saying bilateral trade was about US$4.18 billion in 2025.
• India's exports to Egypt include petroleum products, engineering goods, chemicals, cotton yarn, buffalo meat and pharmaceuticals.
• India is Egypt's fifth-largest source of imports, according to FIEO.
• More than 700 Indian companies are registered in Egypt, around 70 are actively operating, and their combined investments exceed US$5.5 billion.
• Egypt has free trade agreements covering markets in Africa, the Arab region and parts of Europe, making it a possible hub for regional production, subject to rules of origin.
• Egypt has set a target of raising bilateral trade with India to US$12 billion within five years.
• Egypt's foreign minister has also proposed an Egypt-India Business Council, a chamber of commerce and a joint business forum.

Tags: IndiaEgyptTrade, PiyushGoyal, SuezCanalEconomicZone