Egyptian businessman invests USD 50 million in IndiaSource: www.export-egypt.com 9/3/2016, Location: Africa |
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An Egyptian businessman has invested about 50 million dollars in India.
Mohamed el-Sayed, a member of the Egyptian-Indian Businessmen Forum and owner of KAPCI Coatings, said that the company’s new factory in India is almost ready for operation.
The factory targets meeting the needs of the big Indian market, he said. He expected that his investments in India would significantly grow, referring to his plans to establish other five factories in India. |
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