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British Columbia and India

India is the world’s most populous country, with a GDP of $3.6 trillion USD in 2023 and a population of 1.5 billion in 2024. Its economy is projected to be one of the fastest-growing between 2025 and 2029, with an average GDP growth forecast of 6.4%. This market, specializes in IT services, supported by a skilled and English-speaking workforce, offering significant trade and investment opportunities with British Columbia.

Trade & Investment Highlights

  • In partnership with the Government of Canada, B.C.’s Forestry Innovation Investment (FII) opened an office in Mumbai, India in 2014, continuing to expand opportunities for B.C. forest products.
  • India is a priority market for trade and investment in B.C.’s Trade Diversification Strategy. India is projected to be one of the world’s fastest-growing economies between 2025 and 2029. Although services will remain the primary driver of GDP, the implementation of logistical reforms will improve manufacturing competitiveness over time, especially by the late 2020s.
  • In 2024, India was the 5th largest destination for B.C. goods exports, totaling $1.3 billion CAD and receiving 2% of B.C.’s commodity exports. B.C.’s total services exports to India reached $3.4 billion in 2023, up from $924 million in 2019.
  • Negotiations for a Canada-India Comprehensive Economic Partnership Agreement (CEPA), paused in 2023, are set to resume in June 2025, though the timeline remains unclear.

India at a Glance

Monetary figures are in USD

Opportunity for Foreign Investors and B.C. Exporters

India Top Industries (2019-2023)

Industries for Outward
Investment

Investment Opportunities in Canada: Metals

Metals

Investment Opportunities in Canada: Software & IT Services

Software & IT Services

Investment Opportunities in Canada: Renewable Energy

Renewable Energy

Source: FDI Markets

Import Industries
(by value)

Investment Opportunities in Canada: Mineral Fuels & Oils

Fossil Fuels

Investment Opportunities in Canada: Pearls, Precious Stones & Metals

Precious or Semi-precious Stones & Metals

Investment Opportunities in Canada - Electrical Machinery Equipment

Electrical Machinery

Source: International Trade Centre

Fastest Growing
Import Opportunities

Investment Opportunities in Canada: Fertilizer

Fertilizers

Investment Opportunities in Canada: Aircraft & Spacecraft Parts

Aircraft and Parts

Investment Opportunities in Canada: Copper

Copper

Source: International Trade Centre

BC Export Industries
to Market

Investment Opportunities in Canada: Mineral Fuels & Oils

Fossil Fuels

Investment Opportunities in Canada: Mineral Ores, Slag & Ash

Mineral Ores

Investment Opportunities in Canada: Wood Pulp & Recovered Paper

Wood Pulp

Source: BC Stats, data sourced from Statistics Canada

India Top Industries (2019-2023)

Industries for Outward Investment

Source: FDI Markets

Investment Opportunities in Canada: Metals

Metals

Investment Opportunities in Canada: Software & IT Services

Software & IT Services

Investment Opportunities in Canada: Renewable Energy

Renewable Energy

Import Industries (by value)

Source: International Trade Centre

Investment Opportunities in Canada: Mineral Fuels & Oils

Fossil Fuels

Investment Opportunities in Canada: Pearls, Precious Stones & Metals

Precious or Semi-precious Stones & Metals

Investment Opportunities in Canada - Electrical Machinery Equipment

Electrical Machinery

Fastest Growing Import Opportunities

Source: International Trade Centre

Investment Opportunities in Canada: Fertilizer

Fertilizers

Investment Opportunities in Canada: Aircraft & Spacecraft Parts

Aircraft and Parts

Investment Opportunities in Canada: Copper

Copper

BC Export Industries to Market

Source: BC Stats, data sourced from Statistics Canada

Investment Opportunities in Canada: Mineral Fuels & Oils

Fossil Fuels

Investment Opportunities in Canada: Mineral Ores, Slag & Ash

Mineral Ores, Slag & Ash

Investment Opportunities in Canada: Wood Pulp & Recovered Paper

Wood Pulp

How We Help

  • Assist in commercial location identification and site selection.
  • Provide information on transportation infrastructure and logistics gateways.
  • Offer introductions to sector associations, industries and provide cluster insight.
  • Facilitate understanding and solutions for talent, skilled workforce and labour mobility
  • Facilitate engagement with professional advisors on legal, compliance and tax matters
  • Help navigating and offering referrals within government agencies on First Nations, business and regulatory processes.
  • Identify high potential investment opportunities and offer industry insight.
  • Introductions to sector associations and local industry contacts.
  • Introductions to companies seeking investments to expand.
  • Provide knowledge on local innovation hubs and connections to entrepreneurial opportunities.
  • Introductions to local venture capital networks.
  • Market entry assistance in international markets.
  • Match buyers and sellers in local and foreign markets.
  • Validate the potential of products in new international markets.
  • Assist in navigating government export programs and financial supports.
  • Strategic introductions to prospective buyers and partners in foreign markets.
  • Participate in relevant international trade missions and events, and inbound buyer visits.
  • Provide insight and advice on how to leverage trade agreements and overcome trade barriers.
  • Enable access to trade representatives in foreign markets for on-the-ground assistance.
  • Advice and coaching on how to prepare for successful export development and market entrance.

Trade & Investment Offices in India

Chandigarh

Chandigarh is the capital of Punjab, home of the majority of Indian immigrants to British Columbia, Canada. The Punjab and British Columbia have strong historical, cultural and social connections, and businesses in both regions are natural commercial partners. Our Chandigarh office builds awareness of the business and cultural connections between British Columbia and Punjab.

The team uses its extensive networks in Punjab and strong relationships with British Columbia to help businesses identify shared opportunities, including in the growing areas of tourism, agrifoods and education.

Chandigarh Office:
Consulate General of Canada
C413-C416, 4th Floor, Elante Office Complex, 
Plot No. 178-178A, Industrial & Business Park
Chandigarh – 160002, India

Tel: +91 172 505 0439

Contact our Trade and Investment Representatives. Our team welcomes your inquiries:

Prashanth Nair - Trade & Invest BC
Prashanth Nair
Managing Director, India
Rajesh Sharma - Trade & Investment
Rajesh Sharma
Senior Commercial Officer

Delhi

Delhi is the capital of India and is the second largest city (by population) after Mumbai. Delhi is home to both the Indian parliament and most federal government headquarter offices. The city has emerged as a major business capital and gateway to key northern Indian cities.

Our Delhi team uses its extensive networks throughout India and strong relationships with British Columbia to help businesses identify shared opportunities in a variety of sectors, including investment attraction and government relations.

Delhi Office:
High Commission of Canada
7/8 Shantipath, Chanakaypuri,
New Delhi – 110021

Tel.: +91-11-41782000  

Contact our Trade and Investment Representatives. Our team welcomes your inquiries:

Prashanth Nair - Trade & Invest BC
Prashanth Nair
Managing Director, India

Mumbai

Our Trade and Investment Representative office in Mumbai is the hub for British Columbia’s programs and activities throughout India. Mumbai is India’s financial and business capital, and a centre for natural resource investment. It is among the world’s top 10 trade centres and is the key trade destination in India.

Our Mumbai team’s expertise and extensive networks help companies in India and British Columbia capitalize on shared business opportunities, including resources, clean technology, information and communication technologies, life sciences, and transportation.

Mumbai Office:
Consulate General of Canada,
One International Center, Tower 2, 21st Floor,
Senapati Bapat Marg, Elphinstone Road (West),
Mumbai 400 013

Tel.: +91 22 49224600

Contact our Trade and Investment Representatives. Our team welcomes your inquiries:

Prashanth Nair - Trade & Invest BC
Prashanth Nair
Managing Director, India

Bengaluru

India and British Columbia have strong historical, cultural and social connections, and businesses in both regions are natural commercial partners.

The team uses its extensive networks in Bengaluru and strong relationships with British Columbia to help businesses identify shared opportunities.

Bengaluru Office:
Consulate General of Canada
World Trade Center, 22nd Floor, 26/1
Dr. Rajkumar Road, Malleshwaram West
Yeshwantpur, Bengaluru, 560055 India

Contact our Trade and Investment Representatives. Our team welcomes your inquiries:

Prashanth Nair - Trade & Invest BC
Prashanth Nair
Managing Director, India
Prateek Bhatia - Trade and Investment BC
Prateek Bhatia
Senior Commercial Officer

Connect With Our International Network

Our Trade and Investment Representatives can help you establish the right connections, participate in events and tradeshows, explore programs and initiatives, and more. Connect with an expert near you.