British Columbia (BC) is set to dispatch a trade delegation to India on a five-day mission starting January 12, aimed at boosting local businesses and exploring new markets. The delegation, led by BC’s Premier David Eby and Minister of Jobs and Economic Growth Ravi Kahlon, will engage with government and business leaders in New Delhi, Mumbai, Chandigarh, and Bengaluru. The primary focus of the trip is to create opportunities for Canadian businesses, particularly those in the forestry sector impacted by US President Donald Trump’s tariffs.
The mission seeks to strengthen economic ties with India, which is on track to become the world’s third-largest economy, and to enhance trade diversification amidst global political uncertainties and tensions. Additionally, the delegation will advocate for sectors like clean energy, mining, and technology, as reported by CBC News. BC currently stands as India’s top trading partner in Canada, with bilateral trade amounting to $2.1 billion in 2024, making up a quarter of Canada’s exports to India, according to Kahlon.
Highlighting BC’s thriving tech industry, Minister Kahlon mentioned the presence of 12,000 tech companies and the country’s rapidly growing life sciences sector. Premier Eby emphasized the success of a recent trade mission to Asia, citing significant projects like LNG Phase 2, which is expected to secure a final investment decision this year. India is actively engaged in trade discussions with various countries and groups, including the US, the EU, GCC nations, New Zealand, and Canada, among others.
Moreover, India’s initiatives such as the National Manufacturing Mission and the Rs 25,000 crore Export Promotion Mission are instrumental in propelling the country towards becoming the world’s third-largest economy. Premier Eby also expressed support for the transition away from Nicolas Maduro’s regime in Venezuela.
