Business opportunities between India and Canada
Updated Jul 20, 2020 04:02 pm
- North American countries can be very important for domestic food and beverages, so Indian businesses need to explore more opportunities in Canada. The food sector has shown growth of 27% in the market of the US and Canada.
- Canada has a large population of about 2.4 million Indian diaspora, of the Indiaspore, Canada can be a great market for the Indian food and beverage industry.
- India's top exports to Canada include pharma, automobiles, frozen shrimps, gems and jewelry, iron and steel pipeline for gas, and plastics.
- The main imports are dried and shelled lentils, paper roll for newsprint, coal, petroleum and crude oil, potassium chloride as fertilizer, and unworked diamond.
- Organic food in the Indian market has a huge demand in Canada and growing day by day. The food sector can be a good opportunity.
- India and Canada's bilateral trade has increased to USD 6.28 billion in 2018 to USD 6.8 billion in 2019.
local_offerTags:
Food
Beverages
Canada