# Elsewedy Electric's Ahmed ElSewedy Meets Piyush Goyal in Cairo on Data Centre Cooperation > Piyush Goyal met Elsewedy Electric CEO Ahmed ElSewedy in Cairo to discuss electrical equipment, smart meters and data centres during a two-day India-Egypt visit. - Published: 2026-11-15T01:57:08+00:00 - Section: Partnerships - Author: News Desk - URL: https://newsforagent.com/news/2026-11-15/elsewedy-electric-goyal-cairo-data-centres - Source: [Ani News](https://www.aninews.in/news/world/others/piyush-goyal-meets-elsewedy-electric-ceo-in-cairo-discusses-cooperation-in-data-centres20261115063804/) ## Key takeaways - Piyush Goyal met Ahmed ElSewedy, President and CEO of Elsewedy Electric, in Cairo on November 15, 2026. - The two discussed collaboration in electrical equipment, smart meters and data centres. - Goyal is leading a delegation of more than 130 business leaders and start-ups on the two-day Egypt visit. - Goyal co-chairs the seventh India-Egypt Joint Trade Committee session with Dr Mohamed Farid Saleh. Piyush Goyal, India's Union Commerce and Industry Minister, met Ahmed ElSewedy, President and CEO of Elsewedy Electric, in Cairo on November 15, 2026 to discuss collaboration in electrical equipment, smart meters and data centres. [ANI News](https://www.aninews.in/news/world/others/piyush-goyal-meets-elsewedy-electric-ceo-in-cairo-discusses-cooperation-in-data-centres20261115063804/) reported the meeting, which took place during Goyal's two-day visit to Egypt. ## What Goyal and ElSewedy Discussed in Cairo Goyal described the meeting in a post on X and named the three sectors under discussion: electrical equipment, smart meters and data centres. "As India enters a significant growth trajectory, our expansive market presents substantial opportunities for global enterprises to invest, innovate, and expand in partnership with us," Goyal said in the post. The visit runs from November 15 to 16 and is aimed at strengthening bilateral trade, investment and industrial cooperation between India and Egypt. Goyal is leading a delegation of more than 130 business leaders and start-ups. Goyal co-chairs the seventh session of the India-Egypt Joint Trade Committee with Egypt's Minister of Investment and Foreign Trade, Dr Mohamed Farid Saleh, in Cairo on November 15. The programme also includes the India-Egypt Joint Business Council meeting and the India-Egypt Business Forum, which bring together business leaders and industry representatives from both countries to explore trade, investment, joint ventures and technology partnerships. In Cairo, Goyal also interacted with members of the Bohra community and visited the Heliopolis War Cemetery, where he paid homage to Indian soldiers who died during the World Wars. ## Elsewedy Electric's Manufacturing and Solar Record [Elsewedy Electric](https://akta.pro/company-profiles/0002rg8/elsewedy-electric) is an EGX-listed Egyptian electrical infrastructure company that designs, manufactures and builds power generation, transmission, distribution and cable systems for government utilities and national grid operators, according to akta.pro [company records](https://akta.pro/company-data). The same records list 2025 consolidated net profits of EGP 17.330 billion, marginally down from EGP 17.464 billion in 2024, and a $422.9 million post-IPO debt round in October 2025 led by Emirates NBD. The records also show that Elsewedy Electric completed and handed over the 348.6 MWp El Saad solar PV plant in Saudi Arabia, 85 km east of Riyadh, in March 2026. The company described it as its first utility-scale PV plant in the Gulf region, delivered 16.5 months ahead of schedule in partnership with Jinko Power and Al Ghazala Energy. ## Elsewedy Electric's Recent Expansion Moves In October 2026, Elsewedy Electric submitted a feasibility study to Algeria's Prime Minister's Office for a factory producing electric and hybrid cars under the Ezz Elsewedy brand, [WAYA](https://akta.pro/news-signals) reported. Egypt's Cabinet approved contracting for a 30-feddan logistics zone in Toshka and an Elsewedy Electric wiring harness factory in Fayoum in July 2026, according to Business Today. In June 2026, Elsewedy Electric launched a generator range in the Egyptian market with capacities from 9 kVA to 2,750 kVA in Prime and Standby modes, Zawya reported. The range includes sound-attenuated enclosures and weather-resistant cabins, with after-sales services. ## India-Egypt Trade Committee Session The seventh India-Egypt Joint Trade Committee session, co-chaired by Goyal and Dr Mohamed Farid Saleh, is scheduled in Cairo on November 15, 2026, the same day as the ElSewedy meeting. ## Companies in this story - [Elsewedy Electric company profile](https://akta.pro/company-profiles/0002rg8/elsewedy-electric) · website: http://www.elsewedyelectric.com --- News for Agent · https://newsforagent.com/llms.txt