Canadian Island to Partner India in Key Sectors

MUMBAI, INDIA - Honourable H. Wade MacLauchlan, Premier of Prince Edward Island, Canada, led a high level delegation of government and business leaders to World Trade Centre (WTC) Mumbai on February 5, 2016 to explore trade and investment opportunities in India, particularly in Maharashtra.

WTC Mumbai and All India Association of Industries (AIAI) jointly organized an interactive meeting with the visiting delegation on the above date. Speaking on this occasion, Mr. MacLauchlan said his delegation sensed great opportunities in doing business with India in the sectors like agriculture, food processing, renewable energy, energy efficiency, defense, higher education, bioscience, aquaculture, health care, pharmaceuticals.

Before visiting WTC Mumbai, Mr. MacLauchlan and his delegation met Hon’ble Prime Minister of India, Mr. Narendra Modi twice and covered 7,200 km starting from Punjab to Maharashtra on a whirlwind tour of India and held meetings with administrative leaders of the States in India, to explore partnership in the above sectors by way of trade and investments. Prince Edward Island is officially known as Canada’s Food Island owing to its leadership in the agriculture and food processing sector and it is one of the biggest exporters of processed food. It also has a center of excellence in bioscience and a vast pool of skilled work force in the manufacturing sector.

Honourable J. Heath MacDonald, Minister of Economic Development & Tourism, Government of Prince Edward Island encouraged to start Indian film shoots for Bollywood movies in his province owing to its panoramic views especially the beaches.

Mr. Vijay Kalantri, Vice Chairman, WTC Mumbai, in his welcome address, stressed the doubling of the present $ 6 billion trade between India and Canada in next three years especially in the sectors of oil and gas, petrochemicals, agriculture and information technology through Make in India related strategic investment.

AIAI and WTC Mumbai in tune with their slogan “We Grow Trade” helped strike trade coalition by signing two MoUs, one between BC-India Business Network (IBN) and AIAI and the other between WTC Mumbai and BC- IBN. On behalf of the business entities, the chief signatories were Mr. Kalantri, Mr. Vivek Savkur, President Emeritus BC-IBN and Mrs. Rupa Naik, Executive Director, AIAI. The event witnessed around 200 B2B meetings.

Mr. Paul Ledwell, Deputy Minister of Policies & Priorities, Government of Prince Edward Island, Dr. Alaa Abd-El-Aziz, President and Vice Chancellor, University of Prince Edward Island and a high level business delegation from Canada accompanied the Premier.

PHOTO: Honourable H. Wade MacLauchlan, Premier of Prince Edward Island, Canada, being felicitated by Mr. Vijay Kalantri, Vice Chairman, World Trade Centre Mumbai and President, All India Association of Industries during an Interactive meeting on ‘Doing Business with Prince Edward Island, Canada’ at WTC Mumbai.

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