Union Minister of Commerce and Industry, Shri Piyush Goyal, while addressing the Indo-Canadian Business Chamber in New Delhi today, said that India sees considerable scope for collaboration with Canada in critical minerals, mineral processing technologies, clean energy, nuclear energy and supply-chain diversification.

He added that India offers strong advantages in emerging technologies such as artificial intelligence, quantum computing, machine learning and next-generation data centres, supported by the world’s largest annual pool of STEM graduates.

He noted that Canada and India are natural allies whose complementary strengths create significant opportunities for businesses and investors in both countries.

He further said that the India–Canada partnership continues to be grounded in mutual trust, democratic values and a shared commitment to development.

He emphasised that the bilateral relationship remains strong and stable, with steadily growing engagement across trade, investment and emerging sectors.

Referring to the recent meeting between Prime Minister Shri Narendra Modi and Canadian Prime Minister Mr. Mark Carney during the G20 Summit, Shri Goyal highlighted that both leaders agreed to begin negotiations for a high-ambition Comprehensive Economic Partnership Agreement (CEPA) and double bilateral trade by 2030.

He said that CEPA reflects the trust between the two countries, strengthens investor confidence and provides a robust framework for addressing issues based on mutual respect.