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The Minister of Communications calls on Indian companies to invest in the Egyptian technology sector


Today, Dr. Amr Talaat, Minister of Communications and Information Technology, held a meeting with a number of major companies that are members of the Confederation of Indian Industry (CII) concerned with the field of information technology services and consulting. This is in the Indian capital, New Delhi; The meeting dealt with a review of the investment opportunities in the Egyptian telecommunications and information technology sector and the competitive advantages it enjoys, as well as discussing ways to attract Indian investments to the sector, and discussing the establishment of strong partnerships between Egyptian companies operating in this sector with their Indian counterparts.

It is worth noting that the Confederation of Indian Industry (CII) is a non-governmental, non-profit organization with about 9,000 members from the private and public sectors, including small and medium enterprises and multinational companies, and an indirect membership of more than 300,000 companies affiliated to 286 bodies. From national and regional sectoral industry bodies.

during the meeting; Dr. Amr Talaat reviewed the pillars of Digital Egypt’s strategy; explaining the most prominent digital transformation projects in Egypt, and the efforts exerted to develop the infrastructure of local and international communications; Referring to the project of laying optical fiber cables in villages throughout the Republic within the framework of the Decent Life Initiative; Pointing to the initiatives and programs that are being implemented to build digital capabilities and support technological innovation and entrepreneurship.

Dr. Amr Talaat explained the most prominent areas of proposed cooperation, which include digital transformation, support for innovation and entrepreneurship, and outsourcing; He called on Indian companies to invest in Egypt in manufacturing data centers, outsourcing centers and cross-border services.

The meeting also shed light on the elements of the Egyptian information technology industry, and the strategies and action plans that are being implemented to develop this industry, stimulate investments and localize the electronics industry in light of the great boom that Egypt is witnessing in the field of digital transformation, and the Egyptian state’s keenness to provide an environment that supports technological innovation and corporate development. emerging, small and medium.

from his side; Jagdish Mitra, Director of Strategies and Market Development at Tech Mahindra, referred to ways to enhance Egyptian-Indian cooperation in related fields. praising the efforts of the Egyptian state to achieve digital transformation, prepare digital competencies, and develop the communications infrastructure in villages within the framework of the Decent Life Initiative; Pointing to the Indian experience in the field of digital transformation; Explaining the possibility of joint cooperation in the field of communications infrastructure.

The meeting was attended by Mostafa Sheikhoun, Head of the Commercial and Economic Department at the Egyptian Embassy in India, and Engineer Ahmed Al-Zaher, Acting CEO of the Information Technology Industry Development Agency (ITIDA). Engineer Sherine El-Gendy, Assistant Minister of Communications and Information Technology for Strategy and Implementation, and Engineer Mohamed Nasr El-Din, Assistant Minister for International Information Infrastructure.

Dr. Amr Talaat and his accompanying delegation also held a meeting with Ranjit Josami, Head of International Partnerships at the Indian company TCS, which specializes in information technology services, business solutions and consulting. The meeting dealt with a review of the most prominent projects that are being implemented in Egypt to achieve digital transformation and the efforts exerted to develop the outsourcing industry.

The meeting shed light on Egypt’s digital strategy for the outsourcing industry 2022-2026; And the incentives offered by Egypt to attract investments and double the volume of digital exports, as well as the digital capacity-building initiatives and programs launched by the Ministry of Communications and Information Technology and its affiliates.

This is TCS; A multinational company belonging to the Tata Group and operating in about 149 locations in 46 countries globally, it is the second largest company in India in terms of market capitalization.

Dr. Amr Talaat and his accompanying delegation will visit India from January 9 to 13; During which he will meet with government officials and CEOs of major Indian companies specialized in the field of communications and information technology to discuss cooperation and attract Indian investments to the Egyptian market.

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