Business Daily from THE HINDU group of publications Thursday, Jul 24, 2008 ePaper | Mobile/PDA Version | Audio |
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Industry & Economy
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Exports & Imports ‘Exports to Canada rise 50%’ Kolkata, July 23 In past five years, India’s exports to Canada grew by 50 per cent while imports almost tripled, according to Mr Ghislain Chaput, Head of Public Affairs, Canadian High Commission. In 2007-08, India’s exports to Canada amounted to Canadian $2 billion and imports from Canada C$1.8 billion, said Mr Chaput while talking informally to a group of journalists here on Wednesday. Agri food, transport, environment technology and food processing were the key areas of bilat eral trade between the two nations. “Indian investment in Canada has been steadily growing and is more than Canada’s investment in India,” he said. The Canadian High Commission plans to set up a trade office in Kolkata by September this year to enhance bilateral trade relations. Canada as an education destination was attracting Indian students keen to pursue higher education, Mr Chaput said, adding, “Nearly 3,000-4,000 Indian students go to Canada every year as Canadian universities offer not just world-class education but also equip students with soft skills required to excel in their work field.” — Our Bureau More Stories on : Exports & Imports
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