Nipissing MPP Vic Fedeli is heading to India, leading a business mission that hopes to enhance ties and drive job creation and trade.
The Minister of Economic Development, Job Creation and Trade will lead 12 Ontario companies from the province's information and communications technology (ICT) and infrastructure sectors.
The trip will begin on November 18 until the 22nd.
"Being Open for Business means ensuring our businesses have access to the world's markets," said Fedeli. "This mission to India will leverage Ontario's strengths in ICT and infrastructure to generate opportunities to create good jobs and investment and grow the province's economy."
India is the seventh-largest economy in the world and represents one of the fastest-growing markets.
While India imports $667 billion in goods each year, exports from Canada are less than one per cent of that global market share. "Ontario only exports $389 million to India today, a shocking number for a country of 1.3 billion people," Fedeli says.
On the mission, Ontario companies will build important relationships and explore avenues for enhanced trade, investment and cooperation. The mission will focus efforts on government-to-government and business-to-business meetings that demonstrate a high potential for cooperation, collaboration and partnership in New Delhi and Mumbai according to a government news release.
Approximately 832,000 Ontarians are of Indian origin.
Last year, over 171,000 Indian tourists visited Ontario.
