Indian Textile Manufacturer to Build $20 Million Denim Factory in Africa’s Second-Largest Economy
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Indian textile manufacturer Prestige Denim Mills plans to invest $20 million in a denim production facility in Egypt, adding to a wave of foreign textile projects in Africa's second-largest economy. The company will build the factory in the West Qantara Industrial Zone, marking the first Indian investment there.
The plant will be built on a 100,000-square-metre site and is expected to create about 1,000 direct jobs. Once operational, it will produce up to 20 million metres of denim fabric a year, with about 70% of output exported and the remainder sold in Egypt's domestic market.
The investment agreement was signed at the Suez Canal Economic Zone headquarters in Egypt's New Administrative Capital in the presence of SCZONE Chairman Waleid Gamal El-Dien. According to SCZONE, the project will mark the first Indian investment in the West Qantara Industrial Zone.
Gamal El-Dien said the project builds on the success of Indian investments elsewhere in the Suez Canal Economic Zone. He added that infrastructure development and industrial expansion have helped attract more textile and garment manufacturers to West Qantara.
Prestige Denim Mills will develop an integrated facility that includes weaving, dyeing and finishing operations. The project fits into Egypt's broader effort to position itself as a regional textile manufacturing center serving markets across Africa, Europe and the Middle East.
West Qantara is attracting a growing cluster of foreign textile and garment investors. Companies from China, Turkey, South Korea, Germany, Greece and Pakistan have all announced projects in the zone as Egypt seeks to expand domestic production and boost industrial exports.
Chinese manufacturer Everfar signed an agreement for a $130 million integrated textile and garment facility, while Pakistan's Interloop Group agreed to develop a $35.2 million ready-made garment project. South Korea's H&L Korea announced a $15 million garment factory, Germany's Sun Garden plans a $7 million home-textiles and furnishings facility, and Greece's Mariniro agreed to a $4 million ready-made garment project.
Turkish manufacturers have established one of the largest foreign presences in West Qantara. By April 2026, SCZONE said the zone had attracted 15 Turkish projects following the signing of another $8 million textile investment, highlighting Egypt's appeal as a lower-cost manufacturing base close to major export markets.
Overall, textile and ready-made garment investments in West Qantara have exceeded $1 billion, according to SCZONE. The pipeline is helping Egypt build a more integrated textile supply chain, while its location near the Suez Canal gives manufacturers access to one of the world's busiest shipping corridors.
