India

India is the world’s third-largest economy in terms of purchasing power parity and the International Dollar Standard, and its most populous democracy. It is also one of the fastest-growing markets in the world. Supplying its growing appetite for goods and services is a significant opportunity for British Columbia exporters.
In 2013, India ranked as the sixth-highest destination for British Columbia exports, following four years of steady increase. India has been identified as a priority market, and there is now strong potential to build on British Columbia’s impact on this market, particularly in resource industries, international education, film and digital media, wood products and agrifoods.
 

Key Sector Opportunities for Exporters

Forestry

British Columbia forest companies are identifying niche opportunities in India for wood products, including the use of softwood lumber to replace hardwoods in specific applications. There are also identified opportunities to increase manufactured wood and pulp and paper exports to India.

Learn more about export opportunities for our forestry sector.

 

Mining

India has significant mineral resources and more than 3,000 operating mines. This presents an excellent opportunity for British Columbia to export mining services, including mine, quantity and environmental audits, mining studies, mine design, mine optimization and geotechnical feasibility. In addition, British Columbia’s status as a world leader in metallurgical coal gives us an opportunity to supply India’s steel industry.

Learn more about export opportunities for our mining sector.

 

International Education

With more than 450 million students and an emerging economy, India has a rapidly growing demand for education services. The number of Indian students studying abroad is growing by 10 to 15 per cent annually. There are also significant opportunities to offer British Columbia training programs abroad, through offshore branch programs and campuses in India.

Learn more about export opportunities for our international education sector.

 

Technology

India is a strong market for key technology sub-sectors, providing British Columbia with business opportunities in information communications technology, life sciences, clean technology and the creative industries of digital media, film and television.

Learn more about export opportunities for our technology sector.

 

Transportation

As a country with vast infrastructure needs, India has emerging opportunities for British Columbia in the transportation sector – including transport, logistics and infrastructure. Particular possibilities for British Columbia companies exist in engineering consulting and environmental engineering.

Learn more about export opportunities for our transportation sector.

 

Agrifoods

The potential for exporting British Columbia's food products to India is increasing due to the country's growing interest in westernized foods - such as wine and smoked salmon. A new niche for British Columbia producers may be in India’s processed food industry, which is in its infancy.

Learn more about export opportunities for our agrifoods sector.

 

Liquefied Natural Gas (LNG)

India is a significant importer of liquefied natural gas (LNG). While there are challenges in entering the Indian market for LNG – principally India’s well-established relationships with suppliers in other countries – there is real potential for British Columbia to promote LNG in India.

Learn more about export opportunities for our LNG sector.

 

Trade Agreements

Read about eliminating barriers to trade for information on trade agreements with India:

Eliminating Barriers to Trade.