International Trade Minister Maninder Sidhu concluded a trade mission to India, securing agreements worth nearly $300 million between Canadian and Indian firms. The talks, held in New Delhi and Mumbai, focused on expanding bilateral economic ties. Sidhu emphasized progress in trade negotiations, highlighting the significance of the mission in strengthening Canada-India commercial relations.
The agreements cover a range of sectors including technology, energy, and manufacturing. Canadian companies gained access to new markets, while Indian firms secured investment opportunities. The minister noted that the discussions aimed to enhance trade efficiency and promote mutual economic growth. No specific industries were named, but the deals are expected to create jobs and boost exports.
This trade mission follows a series of diplomatic and economic engagements between the two nations. Canada and India have been working to deepen their partnership, particularly in trade and investment. The recent agreements build on previous collaborations, including trade agreements signed in 2023. The visit also coincided with Prime Minister Mark Carney’s discussions with Indian Prime Minister Narendra Modi, who is set to visit Canada in December. The timing underscores the growing strategic alignment between the two countries.
