– Ostwal Group of Industries plans to invest $300 million in a new fertilizer plant in Egypt, with an annual production capacity of over 700,000 tons.

– The plant will target markets in the Middle East, Africa, Europe, and India, leveraging Egypt’s strategic location, raw materials, skilled labor, and energy resources.

– Ostwal Group aims to expand its presence in Egypt, recognizing it as a key market in the Middle East and Africa, with the company currently operating in 10 countries and managing 150 retail branches and 17,000 distributors.

The Minister of Investment and Foreign has recently discussed with a delegation from India’s Ostwal Group of Industries a plan of a USD 300 million investment in a new fertilizer plant with an annual capacity exceeding 700,000 tons.

The Ostwal Group plans to export its production to the Middle East, Africa, Europe, and India. The facility will capitalize on Egypt’s strategic advantages, including abundant raw materials, skilled labor, energy resources, and its prime location as a global production and export hub, Minister of Investment and Foreign Trade Hassan El-Khatib announced.

Praveen Ostwal, Managing Director of Ostwal Group of Industries, expressed the Group’s strong interest in expanding operations in Egypt, identifying it as a key market in the Middle East and Africa.

“Our Group is a leading manufacturer of fertilizers and chemicals in India, operating in 10 countries with 150 retail branches and 17,000 distributors,” Ostwal stated.