Indian Investment in Egypt

INDIAN INVESTMENTS IN EGYPT

Over 700 Indian companies are registered in a range of sectors like apparel, agriculture, chemicals, energy, automobiles, retail, and others. Around 70 Indian factories are active in various sectors with a combined investment exceeding US$ 5 billion. Overall, these companies contribute to Egyptian exports upwards of US$ 1 billion every year. These companies provide direct and indirect employment to approximately 40,000 Egyptians.

Major Indian investments in Egypt include TCI Sanmar (with a value of US$ 1.6 bn), Alexandria Carbon Black, Indorama, Kirloskar, Dabur India, Flex P Films, SCIB Paints, Godrej, Mahindra and Monginis among others. In recent years, Indian companies have invested more than US$ 600 million in the Suez Canal Economic Zone anf Free Zones in Egypt.

The Renewable energy is an important area of interest for Indian companies in Egypt. Indian companies (like OCIOR) have signed MOUs and binding ‘Framework Agreement’ with Egyptian authorities to produce Green Hydrogen with an investment commitment of US$ 4 bn.

S. No.	Company	Business Activity
1.	TCI Sanmar	Chemicals
2.	Alexandria Carbon Black	Carbon Black
3.	Galaxy Chemicals (Egypt) SAE	Chemicals
4.	Monginis Foods	Food and Beverage
5.	Flex P Films (Egypt) SAE	Plastic fabrication
6.	SCIB Chemicals (Asian Paints)	Chemicals (Paints)
7.	Dabur Egypt Limited	FMCG Company
8.	EMBEE International	Garments and Textiles
9.	Velocity Apparelz	Garments and Textiles
10.	Lulu Group International	Hypermarket
11.	Forbes Marshall	Steam engineering and control instrumentation products
12.	Mansoura for Resins & Chemical industries	Chemicals
13.	Sun Pharma Egypt	Pharmaceuticals
14.	Sterling & Wilson	Infrastructure
15.	Va Tech Wabag	Water & Wastewater Treatment Plants, Desalination and Water Recycling
16.	OCIOR Energy	Green Hydrogen
17.	Kirloskar Brothers Limited	Pumps
18.	Egyptian Indian Polyester Company (EIPET)	PET Resin
19.	Egypt Global Silicates	Silicates
20.	Marico Egypt	Consumer products in beauty, wellness, Hair Care
21.	Misr Hytech Seeds	Vegetable Seeds
22.	Pharma Derm S.A.E. Co. (Emami group)	Pharmaceuticals
23.	Essel Propack Egypt	Laminated Tooth-Paste Tubes, Plastic Tubes and Caps/ Closures.
24.	Brittania Egypt	Biscuits
25.	Mahindra & Mahindra	Diversified
26.	Bajaj Auto	2 & 3 wheelers
27.	Pharmed Healthcare	Pharmaceutical Industry
28.	The Oberoi Sahl Hasheesh	Hotels and Resorts
29.	Indorama Dhunseri	PET Chips
30.	ABDOS	FMCG
31.	Platinum	Polymer
32.	EKC Cylinders	Cylinders
33.	Willow Ferro Alloys	Alloy Steel
34.	Volga International	Leather Goods and footwear
35.	M2P	IT
36.	Tech Mahindra	IT
37.	Al-Hussein Paper	Paper
38.	TVS Auto	Motorcycle
39.	Indorama Fertilizer	Fertilizer
40.	Glenmark	Pharmaceuticals
41.	MEC EG LLC	Welding and fabricated products
42.	Mijo Auto Gas Pvt Ltd	CNG and LPG conversion kits
43.	Petrochem	Hydrocarbon
44.	Pidilite Industries Egypt	Adhesives & pigment
45.	BDR Pharmaceuticals Intl. Pvt Ltd	Pharmaceuticals
46.	Volkov Infra, Ferroalloys construction & Consultancy	Construction
47.	Biological E	Pharmaceuticals
48.	Tata Motos	Automobile
49.	Zydus	Pharmaceuticals
50.	MyGinne	Infotech
51.	ZXY International	Textile and Apparel
52.	LNJ Denim	Textile and Apparel
53.	TCW Textile	Textile and Apparel
54.	Alex Apparel	Textile and Apparel
55.	ACE Apparel	Textile and Apparel
56.	Cleopatra Garments	Textile and Apparel
57.	Zoho	Technology
58.	Tech Mahindra	Technology
59.	Aalpha Packaging	Packaging material
60.	Taj Hotel Group	Hotel and Hospitality