Union Commerce and Industry Minister Piyush Goyal met Ahmed ElSewedy, President and CEO of Egyptian multinational ElSewedy Electric, in Cairo on November 14, 2026, to discuss investment opportunities and industrial collaboration in India.
The two leaders focused on strengthening partnerships across key growth sectors, including electrical equipment, smart meters, and data centres, with Goyal highlighting India's expansive market as a major hub for global enterprises to invest and innovate.
The engagement is part of Goyal's two-day official visit to Egypt leading a 132-member Indian business delegation—which also features the India-Egypt Joint Business Council meeting and Business Forum—aimed at boosting bilateral trade and mutual investments.
Goyal Meets ElSewedy Electric CEO; Discusses Investment Opportunities In India
Union Commerce and Industry Minister Piyush Goyal holds talks with ElSewedy Electric President and CEO Ahmed ElSewedy in Cairo, exploring bilateral collaboration and Indian market investments in electrical equipment, smart meters, and data centres
Commerce and Industry Minister Piyush Goyal met Ahmed ElSewedy, President and CEO of the Egyptian multinational ElSewedy Electric, to discuss potential investment opportunities in India.
"We discussed strategies to strengthen collaboration across several key sectors, including electrical equipment, smart meters, and data centres," Goyal said in a social media post.
As India enters a significant growth trajectory, the country's expansive market presents substantial opportunities for global enterprises to invest, innovate, and expand, he added.
The meeting was held here on November 14.
Elsewedy Electric is an Egyptian multinational company specialising in electrical cables, power solutions, engineering, construction, and integrated energy and infrastructure projects worldwide.
Goyal is here on a two-day visit.
He is leading a 132-member business delegation. During his visit, he will meet business and Egyptian leaders to discuss ways to boost bilateral trade and investments.