Indo Canadian Economic Cooperation

The India Canada CEO discourse, which was hung on 23 February 2018 in New Delhi, matching with Prime Minister Trudeau’s first visit to India, filled in as a stage for the business networks of the two nations to meet up to share their vision for upgraded participation later on. Composed by the Department of Industrial Policy Promotion, Ministry of Commerce and Industry of India, and Confederation of Indian Industries (CII), the roundtable discourse saw top industry pioneers deliver their thoughts on the best way to defeat challenges where they exist, and to investigate chances to fortify the monetary connection between the two countries. Contribute India, as the national speculation advancement and assistance organization of India, took an interest in the occasion to draw important bits of knowledge from the exchanges on venture related issues of common concern.

Reciprocal exchange and venture outline

Reciprocal exchange amongst India and Canada has seen an expansion of 27% in the course of the most recent five years, adding up to USD 6.1 bn in 2016-2017. For a similar period, India represented 1.95% of Canada’s worldwide exchange, and Canada represented 0.7% and 1.07% of India’s fares and imports individually. The two nations are arranging an exchange understanding, the Comprehensive Economic Partnership Agreement (CEPA), which held its tenth round of talks in August 2017.


Canadian ventures into India have fundamentally come into the administrations division which represents 36% of the aggregate inwards FDI from Canada between April 2000 and Dec 2017, while interest in the development (foundation) segment has been 12%. Indian organizations then again have put particularly in the IT, programming, steel and characteristic assets areas of Canada. Transactions are additionally in progress for setting up a reciprocal Foreign Investment Protection and Promotion Agreement (FIPPA), which will additionally reinforce speculation ties between the two nations for more profound monetary collaboration.


As an afterthought lines of the CEO exchange, Invest India addressed Mr Chris Birdsong, CEO for Asia Pacific and India for SNC-Lavalin’s Atkins business, to show signs of improvement comprehension of the vital significance of India as a speculation goal for SNC-Lavalin. As one of the world’s most powerful plan, designing and task administration consultancies, serving foundation, transportation and vitality areas, the U.K. based organization Atkins was procured by Canadian monster SNC-Lavalin for £ 2.1Bn in July 2017