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EGYPTIAN INVESTMENT IN INDIA
Egyptian investments in India are about US$ 37 mn which include El Sewedy Group (smart electrometers); KAPCI Coatings (car paints) and Modern Waterproofing Group/Bitumode (waterproofing membranes and protection boards for construction industry). In 2021, an Egyptian IT company M/s 700Apps started operations in Hyderabad with an initial investment of US$ 300,000.]
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