In the Image (L to R): Mr. Santosh Kotre, Director, Finance and Accounts, World Trade Center Mumbai; Ms. Dina Albahey, Vice Consul, Consulate General of Egypt in Mumbai; Ms. Priya Pansare, Director, Trade and Investment Promotion, WTC Mumbai; H.E. Mrs. Dahlia Mohamed Nazih Mohamed Tawakol, Consul General of Egypt in Mumbai; Dr. Vijay Kalantri, Chairman, World Trade Center Mumbai and President, All India Association of Industries; Ms. Dalia Hafez, Office Manager of EgyptAir in Mumbai at the event.
7 May 2026, Mumbai: MVIRDC World Trade Center Mumbai and All India Association of Industries in association with The Consulate General of Egypt in Mumbai, organized an interactive session on “Doing Business with Egypt” at WTC Mumbai. The programme brought together industry representatives, exporters, investors, entrepreneurs, and trade stakeholders to explore emerging business and investment opportunities between India and Egypt.
Dr. Vijay Kalantri, Chairman, World Trade Center Mumbai and President, All India Association of Industries, said, “India and Egypt share a strong strategic partnership and enjoy steadily growing economic relations, with bilateral trade around USD 5 billion and a shared vision to cross USD 12 billion by 2030. Egypt offers significant opportunities in sectors such as logistics, manufacturing, tourism, natural resources, and connectivity through the Suez Canal, which continues to play a crucial role in global cargo movement, trade efficiency, and international competitiveness.”
“Tourism is a major economic activity that promotes cultural understanding, networking, and long-term business relationships. Egypt is globally admired for its heritage, pyramids, Nile cruises, festivals, and hospitality, and serves as a strategic gateway not only to African markets, but also to the Mediterranean and Middle East regions. Greater exchanges between businesses and citizens of both countries will further deepen economic cooperation, investment, and mutual growth,” added Dr. Kalantri.
Delivering the keynote address, H.E. Mrs. Dahlia Mohamed Nazih Mohamed Tawakol, Consul General of Egypt in Mumbai, emphasized that, “Egypt and India share longstanding historical bilateral relations. The Strategic Partnership Agreement signed in June 2023, and the first round of the Egypt-India Strategic Dialogue held in October 2025 have strengthened cooperation in digital public infrastructure, fintech, startups, and artificial intelligence. Both countries are committed to scaling bilateral trade to USD 12 billion in the coming years.”
“Egypt is focused on creating a more conducive business and investment environment while actively supporting small and medium enterprises. The country offers significant opportunities across renewable energy and green hydrogen, tourism and hospitality, agriculture and agribusiness, IT services and business process outsourcing, manufacturing, pharmaceuticals, healthcare, logistics and transportation. Egypt has established more than 95 industrial free zones to facilitate investments, industrial expansion, and export-oriented growth.” Added Mrs. Dahlia.
Ms. Dina Albahey, Vice Consul, Consulate General of Egypt in Mumbai, stated, “The visa procedures are simple and the requirements are straightforward. Egypt offers single-entry, multiple-entry, and five-year visas for eligible applicants. Investors can qualify as shareholders or partners contributing to company capital, supported by recommendations from GAFI.”
Spotlighting the growing air connectivity between the two nations, Ms. Dalia Hafez, Office Manager of EgyptAir in Mumbai said, “This year marks the 94th anniversary of EgyptAir. We offer enhanced air connectivity between India and Egypt and continue to strengthen travel and business linkages between the two countries through our services.”
Delivering the vote of thanks, Ms. Priya Pansare, Director, Trade & Investment Promotion, World Trade Center Mumbai, said, “India and Egypt share significant scope for expanding bilateral trade and investment cooperation. Such interactive engagements play an important role in strengthening trade dialogue and fostering deeper business partnerships. World Trade Center Mumbai remains committed to facilitating greater economic cooperation and creating new avenues for bilateral trade and investment.”
The session concluded on an optimistic and forward-looking note, reflecting the growing strategic alignment between India and Egypt and the strong potential for expanding bilateral engagement. The presentations, interactive discussions, and networking interactions reaffirmed the commitment of both nations to strengthening economic cooperation, deepening business partnerships, and fostering enduring people-to-people ties for a mutually beneficial future.
