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Canada's Bold Trade Mission to India: Aiming for $70 Billion by 2030!

Canada is embarking on its largest trade mission to India in over 30 years, sending nearly 300 delegates to strengthen commercial ties and target a bilateral trade increase to CAD 70 billion by 2030. Led by Minister Maninder Sidhu, the delegation will visit key cities, focusing on sectors like aerospace and clean technology. This initiative aligns with ongoing negotiations for a Comprehensive Economic Partnership Agreement (CEPA) and aims to diversify Canada's export markets beyond the US. The mission is expected to foster connections between Canadian businesses and Indian leaders, potentially generating jobs and enhancing trade relations.
 

Canada's Largest Trade Delegation to India in Decades


Ottawa: In a significant move, Canada is dispatching nearly 300 business representatives to India next week, marking its largest trade mission to the nation in over three decades. The objective is to enhance commercial relationships and aim for a more than twofold increase in bilateral trade by 2030.


The delegation, spearheaded by Canadian Minister of International Trade Maninder Sidhu, will be visiting Mumbai and Bengaluru from October 12 to 17, as stated in an official announcement made on Friday.


Sidhu emphasized that by aligning Canadian strengths in industries such as aerospace, agri-food, and clean technology with India's rising demand, the two nations can diversify their trade and attract fresh investments.


This mission coincides with ongoing efforts between India and Canada to finalize a Comprehensive Economic Partnership Agreement (CEPA) by year-end. The latest round of discussions took place in Ottawa from October 5 to 9.


During the G20 Trade Ministers' Meeting in Milwaukee, US, on October 1, Sidhu engaged with Commerce and Industry Minister Piyush Goyal to discuss advancements in the negotiations and strategies to enhance bilateral trade and investment.


The renewed commitment to a comprehensive trade agreement was announced during Canadian Prime Minister Mark Carney's visit to India in March, with a target set to elevate two-way trade to CAD 70 billion (approximately Rs. 4.75 lakh crore) by 2030.


In 2025, the total bilateral trade in goods and services reached CAD 30.4 billion, according to data from the Canadian government.


Canada's exports to India were valued at CAD 3.9 billion in 2025, primarily consisting of vegetables, mineral fuels, and wood pulp. Conversely, imports from India amounted to CAD 9.7 billion, mainly including precious stones, metals, machinery, and pharmaceuticals.


This trade mission is expected to facilitate connections between Canadian businesses and Indian decision-makers, industry leaders, and potential clients, fostering partnerships that could create jobs in Canada.


Additionally, Canada aims to broaden its export markets beyond the United States, with India playing a crucial role in its strategy to engage with diverse markets.


The Canadian Indo-Pacific Strategy, introduced in 2022, outlines five strategic goals: trade, security, sustainability, people-to-people connections, and regional engagement.