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CBIC forms Advisory Council on Canada-India economic corridor

Fiinews by Fiinews
June 24, 2021
in Exports, Investment, Manufacturing, Projects, Technology
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Council to help Canadian businesses to do more in Indian prosperity

The Canada-India Business Council has formed inaugural Advisory Council of top-tier globally-minded leaders with deep bi-national market experience from a cross-section of economic sectors.

The Advisory has been created to provide informed insights on expanding the Canada-India economic corridor and turbo charging exchanges between the two countries, said the Canada-India Business Council in a release on 22 June 2021 from Toronto.

Canada and India are interconnected in investment, agriculture, education, technology, and energy. Canadian investment firms are among the global leaders investing in India, said the council.

India is expected to add 60,000 kilometres of roads and build 100 new airports by 2025, double its renewable energy generation capacity by 2022, and has the potential to add C$70 billion-dollars to its agriculture sector by means of digitization by 2025, it noted.

India is globally renowned for its start-up ecosystem, boasting more than 100 unicorns, 15 of which emerged in the first half of 2021.

“The creation of this Advisory is a direct, business-led response to Prime Minister Narendra Modi’s call for action,” said Victor Thomas, President and CEO of the Canada-India Business Council.

“Our Advisory of distinguished Canadian leaders from coast-to-coast and the High Commissioner of India, will provide the Council with key insights on how to significantly grow the economic corridor. I believe this will also help pave the way for Canadian small and medium enterprises to do more with India,” he said.

New Advisory Members:
Murad Al-Katib, President and CEO, AGT Food and Ingredients Inc.
Ajay Bisaria, High Commissioner, High Commission of India to Canada.
Marc-André Blanchard, EVP and Head of CDPQ Global, CDPQ; Former Canadian Ambassador to the United Nations.
Christy Clark, Senior Advisor, Bennett Jones; Former Premier of British Columbia.
Bob Dhillon, President and CEO, Mainstreet Equity Corp.
Gordon J. Fyfe, CEO and CIO, BCI.
Tim Gitzel, President and CEO, Cameco.
Goldy Hyder, President and CEO, Business Council of Canada; Chair, Asia Business Leaders Advisory Council.
Pat Koval, Chair, Canada-India Business Council.
Gordon McKenzie, President and CEO, Canpotex.
Vianne Timmons, President and Vice-Chancellor, Memorial University of Newfoundland.
Victor T. Thomas, President and CEO, Canada-India Business Council.
Prem Watsa, Chairman and CEO, Fairfax Financial Holdings Limited.

For nearly 40 years, the Canada-India Business Council has been the premier bi-national link for business, convening key leaders in industry, post-secondary, and government. The organization is committed to nurturing and developing relationships between the two countries with the principal purpose of growing their economies and accelerating mutual prosperity. #economy #investment #manufacturing #infrastructure #exports #technology /fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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