Home / Knowledge / News / Canadian trade office to open in Ahmedabad, in spring
Canadian trade office to open in Ahmedabad, in spring
28
Apr '09
Canada is going to open a trade office in Ahmedabad, Gujarat this coming spring. This was disclosed by H.E. Mr. Joseph Caron, Canadian High Commissioner at an interactive session with leading industrialists at PHD Chamber.

Mr. Caron was keen on increasing bilateral economic trade between India and Canada as he felt there was a huge potential, with complimentary needs of both the countries .The key areas where Canada will be keen on India making investments are Environment, energy, training etc.

“The microeconomic India which is the sectoral and local businesses has the maximum potential for growth in bilateral trade between both the countries and Canadian businesses should work at this microeconomic India” said Mr. Caron. “Other important area was the lesser developed India which has a huge potential but not much business is happening”, added Mr. Caron.

Though combined GDP of both India and Canada was to the tune of 3 trillion dollars but India's percentage share of total trade was 0.78 % only. The High Commissioner also said that Canada was strong in areas such as agri sector, financial services, mining, etc and in most of these areas it was not easy to do business in India.

“The total bilateral trade of Canadian $ 4.6.bn between India and Canada was less than one per cent of India's trade with rest of the world and new areas of cooperation could be hydro electricity, agri business, engineering, education, textiles and research”, said Mr. Satish Bagrodia, President, PHD Chamber.

PHD Chamber of Commerce and Industry

Must ReadView All

Apparel/Garments | On 23rd Mar 2017

UK's National Living Wage to be £7.50 from April 2017

The National Living Wage in the UK for workers aged 25 and above is...

Textiles | On 23rd Mar 2017

Trutzschler launches Toyota-Truetzschler comber machine

Trutzschler, one of the world's leading textile machinery...

Jeff Bezos (L) and Amancio Ortega. Courtesy: Forbes

Apparel/Garments | On 23rd Mar 2017

Amazon founder Jeff Bezos is world's 3rd richest man

The biggest gainer and the third richest man on the Forbes' 31st...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search