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India

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of India
Map of India

Country Facts

Nominal GDP1,935 Billion USD
Population1,238 Million
Total Trade/GDP55.05%
CurrencyIndian Rupee (INR)
Merchandise Imports from Canada2,860.05 Million CAD
Canadian direct investment613 Million CAD
Main importsPetrol Products, Electronics, Metals, Machinery & Equipment

EDC in India

Canadian companies assisted299
International buyers insured968
Business volume1,856.54 Million CAD

Business Environment

The Government of Canada and EDC view India as a priority market and are working closely with their partners, trade associations and Canadian exporters to capitalize on the business opportunities available in both the public and private sectors. While infrastructure development remains a key priority in India, there is also a large market and demand for goods and services that fall within the aerospace, agriculture, automotive, healthcare, ICT, oil and gas and renewable energy sectors. We welcome new inquiries on potential support for Canadian export and investment opportunities.

Key Industries

  • Agriculture
  • Alternative Fuels - Hydrogen, Ethanol, Methanol
  • Automotive & Heavy Truck
  • Construction & Infrastructure
  • Medical Technology & Devices
  • Oil & Gas
  • Telecom

How we can support your business

Through our representations in New Delhi and Mumbai, India, we provide on-the-ground support to Canadian companies planning on or currently doing business in India. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

To build on EDC’s strong trade momentum in India, EDC has invested in four Indian fund managers Avigo SME Fund II and III, Infrastructure Development Finance Company (IDFC) India Infrastructure Fund, Kotak India Private Equity Fund Ltd and Everstone Capital Parters II, LLC. This offers opportunity for Canadian small and mid-size companies to access the portfolio companies of these funds.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

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