Canada's High Commissioner Explores Investment Opportunities in Odisha
Strengthening Ties Between Canada and Odisha
Bhubaneswar: Christopher Cooter, the Canadian High Commissioner to India, along with his spouse, recently visited Kanak Vardhan Singh Deo, the Deputy Chief Minister responsible for Agriculture, Farmers’ Empowerment, and Energy, at Lok Seva Bhawan in Bhubaneswar.
The meeting, held on Thursday, also included Additional Chief Secretary for Energy, Vishal Kumar Dev, and Principal Secretary for Forest, Environment & Climate Change, along with CMD of OPTCL, Bhaskar Jyoti Sarma. The discussions aimed at enhancing bilateral relations between India and Canada, particularly focusing on Odisha. Key topics included agricultural exports, technological collaborations, and trade relations.
Singh Deo emphasized Odisha's prominent role in mineral production, noting that the state accounts for 92% of India's chromite reserves and has substantial rare earth mineral deposits along its coast. The conversation also delved into opportunities for Foreign Direct Investment, especially in mining and value-added sectors.
The Canadian representatives showed a strong interest in investing in Odisha's automobile industry. Both parties explored strategies to boost bilateral trade and utilize technology partnerships for sustainable industrial advancement. Singh Deo provided insights into Odisha's origins, its rich cultural heritage, and the current agricultural landscape, showcasing the state's blend of tradition and modernity.
He expressed that Odisha is open to global partnerships that promote technology transfer, investment, and market access while ensuring sustainable and inclusive growth. Recognized as an 'Achiever' state in the World Bank's Ease of Doing Business report, Odisha is drawing global investors due to its stable policies, robust infrastructure, and industry-ready environment.
Among the three proposed Green Hydrogen Hubs in India, two will be established in Odisha—at Paradip and Gopalpur. These hubs are anticipated to facilitate the state's shift from traditional to renewable energy, positioning Odisha as a frontrunner in green technology and decarbonization. The Deputy Chief Minister remarked that Canada has expressed interest in joint ventures related to clean energy and industrial collaboration.