Sidhu will promote Canada's dedication to help and develop Canada-India business ties, together with in synthetic intelligence, clear know-how and digital industries, and discover new alternatives for partnerships that profit staff and companies in each international locations, the Canadian excessive fee stated.
He may even journey to Visakhapatnam to attend the Confederation of Indian Trade's Partnership Summit on November 14.
“This go to to India will reinforce Canada's dedication to diversifying our commerce relationships and attracting new funding. As one of many fastest-growing main economies, India presents important alternatives for Canadian companies and staff,” Sidhu stated.
The India-Canada bilateral commerce surpassed USD 30 billion in 2024, he stated, including there may be even higher potential going ahead.
“By deepening cooperation in areas similar to vitality, clear know-how, synthetic intelligence, and agriculture, we will unlock new business alternatives, drive innovation, and construct extra resilient and safe provide chains that ship shared prosperity for each our international locations,” he stated.The excessive fee stated India is a key companion for Canada because it strengthens financial hyperlinks within the Indo-Pacific area beneath a complete technique.In 2024, India was Canada's seventh-largest items and companies buying and selling companion.
Canada's business priorities in India are focused on the nation's coverage goals and sectors the place Canada has a comparative benefit, together with agriculture, clear know-how, digital industries and infrastructure, the excessive fee stated.
Sidhu's go to comes amid efforts by the 2 sides to rebuild ties following a diplomatic row.
The 2 sides have taken a number of steps in latest months to normalise the relations.
The India-Canada relations hit all-time low following then Prime Minister Justin Trudeau's allegations in 2023 of a possible Indian hyperlink to the killing of Hardeep Singh Nijjar.
India had dismissed Trudeau's accusation as “absurd”.
In October final yr, India recalled its excessive commissioner and 5 different diplomats after Ottawa tried to hyperlink them to the Nijjar case. India additionally expelled an equal variety of Canadian diplomats.
Nevertheless, Liberal Social gathering chief Carney's victory within the parliamentary election in April helped in starting the method to reset relations.
Either side have already posted their excessive commissioners in one another's capitals.
