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India
EDC's Position
Page Content - Key EDC Market
- Actively pursuing business
- Open under all programs, subject to regular approval criteria
| Nominal GDP | 1,960.00 Billion USD | | Population | 1202 Million | | Total Trade/GDP | 51.91% | | Currency | Indian Rupee (INR) | | Merchandise Imports from Canada | 2628.57 Million CAD | | Canadian direct investment | 587 Million CAD | | Main imports | Petroleum Products, Electronics, Gold & Silver, Machinery & Equipment | | Canadian companies assisted | 337 | | International buyers insured | 759 | | Business volume | 2,419.70 Million CAD |
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Page Content Center Right Business Environment
India is one of the world’s fastest growing economies and ranks as one of Canada’s top 15 export destinations. India's procurement of Canadian exports has grown significantly in recent years. India's infrastructure development also presents a lucrative market for Canadian engineering and environmental sectors. We welcome new inquiries on potential support for Canadian export and investment opportunities. We can offer advice and potential financial support for Canadians engaged in establishing and growing a direct operating presence in India.
Key Industries
- Agriculture
- Alternative Fuels - Hydrogen, Ethanol, Methanol
- Automotive
- 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 into four Indian fund managers viz. 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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Where does this information come from?
The information displayed in this table is extracted from the Trade Opportunities Matrix (TOM), an EDC tool used to rank opportunities based on a range of economic, financial and industry-specific criteria. It is important keep in mind that the TOM rankings refer to potential export opportunities, which may not reflect actual Canadian exports. - TOM is an empirically-based tool that provides an objective and forward-looking analysis of the most attractive markets for Canadian exporters.
- Using up-to-date economic and financial criteria, TOM ranks Canadian export opportunities in 44 industries, across 69 countries.
- TOM provides an objective starting point for export market research, which can be used to complement in-depth industry analysis and sector-specific knowledge.
Please refer to the TOM background paper for additional details.
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Company
ASHOK LEYLAND LIMITED
Mahindra & Mahindra Limited
Reliance Industries Limited
Tata Communications Limited
Tata Motors Limited
Tata Steel Limited |
Industry/Sector
Automotive and Heavy Truck
Automotive and Heavy Truck
Oil & Gas
Telecom
Automotive and Heavy Truck
Mining & Metals |
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