Ontario's successful trade mission in India: New jobs securedChristian Fernsby ▼ | November 25, 2019
Vic Fedeli, Minister of Economic Development, Job Creation and Trade, Parliamentary Assistant Nina Tangri and Member of Provincial Parliament Deepak Anand concluded Ontario's productive business trade mission to India.
Canadian businesses Vic Fedeli
Topics: Ontario trade India jobs
- After months of engagement with the province, VVDN Technologies announced their new facility in the Kitchener-Waterloo area that will create 200-plus engineering jobs.
- Seneca College signed Memorandums of Understanding (MOUs) with the Thakur Institute of Management Studies and Research (TIMSR), the National Institute of Financial Management (NIFM), GD Goenka University and the Institute of Secretariat Training and Management.
- Ontario, home to one of the largest Information and Communication Technology (ICT) sectors, met with representatives of the State of Karnataka, India's leader in information technologies to advance a formal partnership that would provide Ontario with a competitive advantage to access this market and develop opportunities for increased trade, investment and partnership.
Ontario's infrastructure delegates also met with Indian businesses to explore opportunities for future partnership to meet India's needs.
India has announced it will invest US$1.5 trillion in various infrastructure projects including highways, railways, ports, airports, renewable energy, smart cities and transportation builds over the next five years.
India stands to benefit from Ontario's internationally recognized construction technology and design that meet world-class performance and quality standards.
Promoting Ontario as a premier destination to do business with and invest in, Minister Fedeli also participated in the Indo-Canadian Business Chamber's annual conference in New Delhi and a Canada-India Business Council discussion in Mumbai on "Positioning Canada's Regional Strengths."
Minister Fedeli led 12 business delegates from Ontario’s ICT and infrastructure sectors on the mission to create new opportunities and partnerships. Over five days, the province helped facilitate nearly 150 business-to-business meetings that brought Ontario companies in direct contact with Indian businesses to explore new partnerships. ■