Indo-Canada business delegation tours Indian cities to boost bilateral trade ties

0 Comment(s)Print E-mail Xinhua, February 22, 2019
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NEW DELHI, Feb. 22 (Xinhua) -- A high-level delegation of Indo-Canada Chamber of Commerce toured several Indian cities, including Chandigarh, Chennai, Panaji, Hyderabad and Delhi, in a bid to develop bilateral trade ties and explore investment opportunities.

The delegation held discussions to explore joint investment opportunities in Canada and also create business and professional opportunities for the Canadian small businesses in India, said an official statement issued by the ministry of commerce and industry.

President of the Indo-Canada Chamber of Commerce Pramod Goyal said that the focus of the delegation was on sectors like infrastructure development, information and communication technology, advanced manufacturing, financial services, tourism, business immigration, education and skills development.

All these sectors continue to show tremendous potential and are expected to become the pivots for enhancing the bilateral trade between the two countries.

The Trade Promotion Council of India (TPCI) also assured the visiting delegation to facilitate technology transfer and trade promotion.

A proposal to bring "Innovation Canada" approved expertise in sewage treatment, waste management and recycling was also discussed.

Some other proposals discussed included promoting Indian food and value-added products in Canada, investments in joint ventures by Indian businessmen in Canada, bringing high-end flooring and sanitary products to India, importing cheap but quality bitumen and lubricants to India and trade in canola oil and maple syrup with India. Enditem

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