Canadian Prime Minister Mark Carney praised India as the world’s fastest-growing major economy during his visit to Mumbai. Carney, accompanied by his wife Diana Fox Carney, arrived in Mumbai for his first official visit to India from February 27 to March 2. He is set to engage in business activities in Mumbai and meet with Indian and Canadian CEOs, industry experts, and innovators.
Carney’s visit aims to strengthen ties between India and Canada, focusing on shared democratic values and expanding cooperation across various sectors. Following his engagements in Mumbai, Carney will head to New Delhi for talks with Prime Minister Narendra Modi at the Hyderabad House on March 2. The discussions will cover areas such as trade, investment, energy, agriculture, education, and people-to-people ties.
The visit underscores the growing economic complementarities between India and Canada, with a target of $50 billion for bilateral trade by 2030. Prime Minister Modi highlighted the potential for enhancing trade and investment linkages between the two countries during his meeting with Carney at the G20 Summit in Johannesburg. Both leaders are expected to reaffirm their commitment to a forward-looking partnership during their upcoming discussions.
