Egypt–India relations

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Egypt-India relations
Map indicating locations of Egypt and India

Egypt

India
Diplomatic mission
Embassy of Egypt,
Embassy of India, Cairo
Envoy
Khaled Ali El Bakly (2010-2014)Ajit Gupte
President of Egypt Gamal Abdel Nasser receiving the Indian Prime Minister Jawaharlal Nehru, c. February 1955
President of Egypt Abdel Fattah el-Sisi being welcomed by PM Narendra Modi and President Droupadi Murmu
Prime Minister Narendra Modi visits Great Pyramid of Giza during his Egypt visit on June 25, 2023.

Egypt–India relations are bilateral relations between

Gas Authority of India Limited
, bought 15% of Egypt Nat Gas distribution and marketing company.

President Mubarak of Egypt visited India in 2008. During the visit he met Prime Minister Manmohan Singh.[1]

Egypt's President Mohamed Morsi visited India from 18 to 21 March 2013 as the head of a high-level delegation of ministers and business leaders, at a time when trade between the two sides has witnessed a record 30% jump.[2]

Egypt's President Abdel Fattah El-Sisi was honored as the Chief Guest for India's 2023 Republic Day Parade celebrations.[3] Representing the main branches of the Egyptian armed forces, 144 soldiers participated in India's 74th Republic Day parade.[4]

Ancient relations

The Berenike Buddha, discovered in Berenice Troglodytica in 2022.

Indians had already been trading with Egypt for a long time even before the conquest of Egypt by the Romans. At the end of 1st century BCE Indian products reached the

Tamil people from South India and Jaffna being at this last outpost of the Roman Empire.[7]

Modern economic relations

India is the fourth largest trade partner of Egypt, after the US, Italy and Saudi Arabia.[8]

Oil

In 2003, Indian giant

Reliance signed a contract with the Egyptian General Petroleum Corporation (EGPC) to import 8 shipments of crude oil in 2003. Two years preceding the contract, they had imported shipments from Egypt. In August 2004, the Indian company GAIL procured 15% of the Egyptian Company Nat Gas which deals with marketing and distributing natural gas in Egypt.[9]

Egyptian and Indian ministers of petroleum met in 2004 in Egypt to discuss the prospect of investment and purchase of oil and gas from Egypt.

Power

In 2008, India's KEC International Limited, received its largest order worth 636 crore (US$76 million) from Egyptian Electricity Transmission Company. The order was funded through the European Investment Bank and the Egyptian National Bank. The order included design, supply and construction of power transmission towers and laying of 196 kilometres of transmission lines in Egypt.[10] It was completed on a turnkey basis within a period 24 months. This, however, was not the first time. KEC International has been laying power transmission lines in Egypt for more than 40 years. Recently, KEC International was engaged in a 60 crore (US$7.2 million) contract for supply of overhead transmission towers for the Egypt–Jordan Transmission Line.[11]

Investments

In 2011, Egyptian investment in India was at about US$30 million.

Orascom Telecom, used to have 10% stake in the then Hutchinson-Essar which has since been bought by Vodafone[12]

The current Indian investment in Egypt stands at US$2.5 billion in about 45 projects. Alexandria Carbon Black, the Alexandria Fibre Co,

Oberoi Group has been managing a hotel and Nile cruises; Kirloskar Brothers assemble diesel engines and irrigation pump sets in Egypt; Ranbaxy has an Egyptian subsidiary for manufacturing pharmaceutical formulations; Ashok Leyland, Tata Motors, Maruti Suzuki and Mahindra & Mahindra are marketing their vehicles in Egypt, and Bajaj Auto dominated the three-wheelers market.[12]

See also

References

  1. ^ The Hindu Manmohan: time ripe for transforming ties
  2. ^ "Egypt's President Mohamed Morsi to visit India from March 18". NDTV. 14 March 2013. Retrieved 1 October 2016.
  3. ^ "Egypt President El-Sisi in New Delhi for Republic Day: Significance of his visit, and India's ties with Egypt". The Indian Express. 25 January 2023. Retrieved 26 January 2023.
  4. ^ "Republic Day parade 2023 has an Egypt contingent: Which other foreign contingents have participated earlier?". 26 January 2023.
  5. , page 20
  6. ^ Manichaeism worshipped Jesus, Buddha. This Silk Road religion’s strength became its weakness, The Print, 14 dec 2023.
  7. ^ "South Indians in Roman Egypt?". www.frontline.in. 23 April 2010. Retrieved 26 February 2018.
  8. ^ "::ICAE - News ::". Archived from the original on 18 February 2009. Retrieved 19 July 2009.
  9. ^ "Egyptian Asian Relations". Archived from the original on 26 November 2008. Retrieved 19 July 2009.
  10. ^ "KEC International Bags Order Worth Rs. 636 Crore From Egypt". Retrieved 4 July 2011.
  11. ^ "Arab Republic of Egypt Ministry of Foreign Affairs". Bilateral Relations > India > Economic Relations. Archived from the original on 15 March 2012. Retrieved 4 July 2011.
  12. ^ a b "Sorry for the inconvenience". Mea.gov.in. Retrieved 1 October 2016.

Further reading

  • Kazanas, N. Vedic and Egyptian Affinities. (2002, 2006 in Puratattva. Also incorporated in the study Vedic, Mesopotamian and Egyptian Religiophilosophical Thought (in print by PHISPC in the volume Chain of Golden Civilizations))

External links