B.C. to host business forum focused on investment with India

Source: Government of British Columbia via Indian Economic Business News

Business leaders from India and British Columbia will meet to discuss investment opportunities at the BC-India Global Business Forum on Tuesday, March 12, 2013, at the Vancouver Trade and Convention Centre. The opening and expansion of markets for British Columbia’s goods and services, particularly in Asia, and the attraction of investment to grow B.C.’s priority sectors is a key pillar of the BC Jobs Plan. India is identified in the BC Jobs Plan as a priority market. The B.C. government has been spearheading India market outreach efforts to seek new export and investment opportunities for B.C. businesses, and to create greater awareness of B.C.’s advantages as a trading partner. The BC-India Global Business Forum is a key part of B.C.’s longer-term economic and trade strategy with India. It will profile key sectors that are of mutual priority for both the B.C. and Indian markets. The forum will include sector-specific discussions and presentations, as well as networking sessions to facilitate business opportunities and business matching.

Canada showcases trade and investment opportunities at India’s Vibrant Gujarat

Source: High Commission of Canada, New Delhi via Indian Economic Business News

As a partner country, Canada had significant presence at the 2013 Vibrant Gujarat Global Business Summit (VG2013), from January 11 to 13, in Gandhinagar, Gujarat. With precursor events starting on January 8, VG2013 brought together business leaders, investors, corporations, industry experts, policy and opinion makers and over 500 exhibitors with over 40,000 visitors attending from India and more than 100 countries. Highlights of Canada’s presence at VG2013 included: Canada Country seminar on January 11; Canada-Gujarat Trade and Investment Opportunities seminar on January 12; Canada Business Partnering Forum (match-making event); Canada Pavilion with provincial representations at the Trade Show and an Education Pavilion at the Trade Show Delegates also participated in the International Conference for Academic Institutions on January 9 and 10, the Innovation Convention on January 9 and the Technology Convention on January 10.

PM for new approaches to address challenges in economy

Source: Economic Times via Indian Economic Business News

Prime Minister Manmohan Singh underlined the need for new approaches to address challenges in infrastructure, education, energy, water and agriculture. In his inaugural address at the Pravasi Bharatiya Divas on January 8, the Prime Minister dwelt at length on the state of the economy and pointed out that despite the impressive performance and change on an enormous scale in the past two decades, India faced persisting challenges of poverty, equity, sustainability and opportunity. “Vulnerable sections of society, including our women, face enduring prejudices and continuing problems in a rapidly changing India,” he said. “Among the most positive stories out of India in recent years are the acceleration in the rate of poverty reduction, stronger growth in the poorest States and improved productivity and increased real wages in our agriculture sector. This is significant, given that 65 per cent of our population still relies on agriculture,” he noted. The country has just embarked on its 12th Five-Year Plan with the ambition to sustain an annual growth rate of 8 per cent. For this, we will require enormous resources, reforms in policies and institutions, new models of public-private partnership and community participation and innovation-driven science and technology.

CIEC accepting CARE applications

CIEC accepting CARE applications

CARE agents enjoy many benefits.  CIEC invites you to visit our website for a detailed overview of the CARE process and benefits.

Benefits include:

  • Use of the CARE logo, CARE certificate, and goodwill of the CIEC brand
  • Use of Toronto ‘Rep’ Office
  • Access to training provided by Department of Foreign Affiars (DFAIT) & attend CIEC webinars
  • Online exposure on our website & social media outlets and regular mentions in our email campaigns and ‘Disha’ newsletter, distributed to over 19 000 key education stakeholders in both countries
  • Reduced registration fee to our annual Synergy networking event and one-night FREE stay in Toronto
  • Student airport pickup (coming soon)
  • Grow your network while becoming part of an established network & gain recognition amongst Canadian Colleges & Universities
  • Membership fees range from $1500 to $2500 for a 3 year period and the approval process takes between 4 to 6 months.  If you have any questions or comments, please direct them to [email protected].

We look forward to working with you in growing your brand while promoting ethical student recruitment in the burgeoning Canada-India education corridor.

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Ontario Ministry of Economic Development and Innovation led delegation to India

Source: Indian Economic Business News

The Ontario Ministry of Economic Development and Innovation led a telecom mission to India in December 2012. The purpose of the mission was to advance business alliance between Ontario and Indian companies in the telecommunication sector. The 16 member delegation visited Mumbai and New Delhi. Some of the companies exhibited at the India Telecom trade show in New Delhi from December 13-15.

India set to be fastest growing trading nation: HSBC

Source: Times of India via Indian Economic Business News

Rising bilateral trade with China, growing consumer wealth and high confidence level among its traders will push India to the top league of trading nations beginning 2013 and it is set to retain the fastest growth rate till 2020, says HSBC. “The growing Indo-China bilateral trade is set to increase significantly and the country will be the fastest expanding market for Chinese products, with import growth averaging 20 per cent annually during 2013-15 and 17 percent during 2016-20, while exports clipping at 23 per cent during 2013-15 and 19 percent during 2016-20,” says the HSBC trade forecast released recently. India tops the tables for all 23 markets surveyed as either their fastest import or export growth partner out to 2020, it said. The country also tops the HSBC trade confidence index apart from having the most promising global outlook with 61 per cent of traders expecting to see growth.” With a score of 135, India is the most confident country.