India: Land of opportunity for Canadian companies

With the fifth-largest economy in the world and a middle class forecast to reach 386 million by 2030, India is on the trajectory of enormous growth.

In 2022 alone, Canada-India bilateral trade in goods reached nearly $12 billion and trade in services rose to $8.9 billion.

For Canadian exporters and investors looking to do business in India, there’s huge potential in key sectors, including infrastructure, agriculture, clean energy and advanced manufacturing.

In EDC’s in-depth guide, we explore the opportunities—and challenges—India has to offer Canadian businesses and what you need to know about working in its highly competitive, price-sensitive markets.