Import export relations between India and Canada have steadily increased over the years. India presents a good business opportunity for Canadian companies. Canada can leverage on the growth of infrastructure related sectors in India. In South Asia, India is the largest trading partner for Canada. Then it becomes imperative to leverage this growing trade and to help you do this, Masterseek has one of the most well-researched directories for B2B players.

Indian Exports and Imports

India is capitalizing on its large numbers of well-educated people skilled in the English language to become a major exporter of software services and software workers. Software services exports has led to creation of knowledge intensive jobs in India.

Indian exports to Canada include readymade garments, textiles, cotton yarn, carpets, gem and jewellery and precious stones, organic chemicals, coffee, spices, light engineering goods, iron and steel articles, footwear and leather products. Some major Imports from Canada include newsprint, wood pulp, asbestos, potash, peas, iron scrap, copper, minerals, and industrial chemicals. Overseas investment ceiling of US $100 million has been removed, favouring Indian software companies to increase FDI in Canada. These Indian companies have expanded their operations in Canada by setting up software development centres and providing jobs.

Canadian Export Market

Exports are the major milestone for Canada, with U.S being the biggest target market. Jobs in Canada rely heavily on the export business. Canada has favourable trade policies for exports and export oriented production generates jobs. The jobs are many and the export businesses have a good web presence. For job seekers and young entrepreneurs this could be a good starting point.

Canadian Business Presence in India

In terms of investment, Canadian companies have modest presence in India. They have grown considerably in five major areas: power and energy, equipments; oil and gas; environment products and services; telecommunications and information technology; and the financial sector, including insurance.

Internet Fuelling the Growth

Internet has opened plethora of business opportunities in import export. Falling trade barriers and easy access to trade information has sparked the growth of global online trade between the two countries. Online technologies have helped companies to tap new markets, gather data, research prospective clients across continents, make new contacts, and even to do the entire business online. This in turn has increased jobs in this sector.