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Egypt aims to nearly double its bilateral trade with India to $12 billion from the current $5 billion. Egyptian Ambassador to India, Kamel Zayed Galal, highlighted opportunities for growth in energy, manufacturing, agriculture, and connectivity.

Indian investments in Egypt, currently at $3.7 billion, are expected to exceed $10 billion. The focus on energy cooperation, especially in renewable sectors like green hydrogen, is increasing due to Egypt's solar and wind resources.

Egypt's strategic location enhances international trade, with sectors such as fertilizers and manufacturing identified for development. The country’s ports and the Suez Canal, crucial for global trade, support its role as a trade gateway.

The partnership was elevated to a Strategic Partnership following discussions between Indian Prime Minister Narendra Modi and Egyptian President Abdel Fattah el-Sisi in 2023. Both nations are set to enhance their economic collaboration significantly.