Ontario is launching a virtual mission to India in December to continue to promote the province as a premier destination for international investment and create new opportunities for local businesses. This year’s mission will focus on strategic sectors where Ontario enjoys competitive advantages in key global markets, including information and communications technologies and advanced manufacturing, officials said in a media release.
A business delegation of 13 Ontario tech companies will join Minister of Economic Development, Job Creation and Trade Vic Fedeli at the India Mobile Congress. During the mission, Ontario businesses will have the opportunity to participate virtually in business to business meetings and networking events with hundreds of major players in the Indian telecom industry. Minister Fedeli will promote the province’s advantage during proposed bilateral meetings with government and corporate leaders, including counterparts in the state governments of Maharashtra, Karnataka and Madhya Pradesh according to the media statement.
Minister Fedeli and the business delegation will also bring this message to international audiences at events hosted by the Indo-Canadian Business Chamber and the Canada-India Business Council.
Boasting a highly skilled workforce, world-class innovation system, competitive business costs and access to global markets, Ontario is well positioned to explore and expand trade and investment opportunities with India, the government says.
Ontario has Trade and Investment Offices in New Delhi and Mumbai to attract and facilitate investment deals, help small and medium-sized enterprises expand their export capacity and promote the province’s Open for Business mandate.
More than 60 Indian companies across all sectors have operations and investments in Ontario.
Two-way trade between Ontario and India was worth $3.4 billion in 2019.
