The Ambassador of India to Egypt, Navdeep Suri, will be the Patron of the IBF, a statement said.
The IBF, which is already operating in various countries including the UK, the US, China, Singapore and South Africa, will be the voice of the Indian industry in Egypt by showcasing India and the Indian Industry and promoting 'Brand India', it said.
A business delegation of CII recently visited Egypt and also formalised an MoU with the Egyptian Business Development Association (EBDA) to enhance cooperation between the two organisations.
The delegation also called on Hatem Saleh, Minister of Industry and Foreign Trade of Egypt in Cairo on November 5. The delegation also met officials from Ministry of Communication & IT and Department of Administration.