Financial Daily from THE HINDU group of publications
Saturday, Feb 26, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Info-Tech - Off-shore Development


Tech firms eyeing expansion in Canada

Our Bureau

Hyderabad , Feb. 25

TECHNOLOGY companies from India are looking beyond near-shore centres and exploring other options of research and development centres and opening up of offices in Western Canada.

The High Commissioner of Canada, Ms Lucie Edwards, said: "Little is known about the huge market out there in terms of technology applications, and Canada being one of the largest business process outsourcing centres. There is great opportunity for mutual co-operation between the two countries and a major trade mission is set to visit India shortly to explore business and trade potential."

She announced that the Canadian Government would open up nine visa facilitation centres across New Delhi, Jalandhar, Chandigarh, Mumbai, Ahmedabad, Chennai, Bangalore, Kolkata and Hyderabad.

This is being tackled by VFS (India), its partner, through a public-private partnership (PPP) model.

Going by its performance, the Canadian Government would take to this route in several other countries including emerging markets.

"With the new arrangements, Indian residents applying for all types of visas will now be able to submit their applications across the counter in these nine application centres. These would then be forwarded to the High Commission or the Consulate-General. However, in case of need for interview, this could be conveniently scheduled."

Referring to Indo-Canadian trade, which stands at about C$2 billion and is growing at about 14 per cent, she said that it would see faster growth, as newer segments of business are likely to grow.

Major IT companies like Infosys, Wipro and Satyam have a presence in Canada and continue to grow there significantly.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Welcome growth in hardware: Survey


Bullish on telecom sector
EMC to invest $150 m more
Cell operators divided over entry fee for unified licence
Amending Bill proposes adjudicating officer — Telecom licence violations may attract Rs 50-cr penalty
Telecom, banking sectors boost PC sales 14 pc in Q3
Premji's commission to be linked to incremental profits
Datacraft to offer `Insite' service to private insurer
Surgical infosystems to consolidate Indian operations
Servion tool for call centres
Domain name registrar
NIIT special plans for engineering, IT students
VSNL gains Rs 500 cr from Intelsat stake sale
Tech firms eyeing expansion in Canada
PRSI to hold lecture on `IT and cyber crime'
MS India workshop
Ikanos keen on tie-ups with telecom carriers
Wipro develops e-filing platform for NYSE cos
Intel Technology workshop in Coimbatore
HCL launches low-cost PC


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line