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2007  - 2006  - 2005  - 2004  - 2003  - 2002  - 2001  - 2000  - 1999  - 1998  - 1997  - 1996

<html> <head> <meta name="Generator" content="Corel WordPerfect 8"> <title></title> </head> <body text="#000000" link="#0000ff" vlink="#551a8b" alink="#ff0000" bgcolor="#c0c0c0"> <p><font size="+1"><strong>April 7, 2005 <em>(5:15 p.m. EDT)</em><br> No. 62</strong></font><font size="+1"></font></p> <p align="CENTER"><font size="+1"><strong>BUSINESSES AND PARLIAMENTARIANS DEVELOPING NEW TRADE AND INVESTMENT OPPORTUNITIES IN INDIA </strong></font></p> <p>International Trade Minister Jim Peterson today concluded a five-day trade mission to India that helped Canadian companies and parliamentarians to forge stronger links with their counterparts in Mumbai and New Delhi. The Minister will also travel to Chennai tomorrow to officially open a new Canadian consulate, which will further promote bilateral trade with southern India.</p> <p>"With a middle-income class of more than 250 million people, India represents a huge opportunity for Canadian business," said Minister Peterson. "The people-to-people contacts established here will go a long way toward enhancing trade between our two countries."</p> <p>Some 65 representatives from over 50 Canadian businesses and various government departments and agencies participated in the April 3-7 mission to Mumbai and New Delhi, two of India's major business and R&amp;D centres. Key sectors of interest include agriculture, financial services, and infrastructure, specifically in the areas of energy, information and communications technology and transportation.</p> <p>The trade mission also contributed to deepening science and technology relations between Canada and India. In a joint declaration, the governments of Canada and India agreed to work toward greater cooperation on science and technology, building on the existing linkages between the two countries in academia, government and the private sector. </p> <p>In addition, it was agreed that Canada will be the partner country of the 11th Technology Summit and Technology Platform in New Delhi next September. This summit will provide an opportunity to showcase Canadian innovation.</p> <p>Minister Peterson also announced that efforts to intensify Canada's presence in India would be assisted by the appointment of Export Development Canada's first permanent representative in India, Peter Nesbitt. EDC will provide a range of services to Canadian companies that wish to expand or establish their presence in India.</p> <p>The new consulate in Chennai will further increase Canadian representation in India, which already includes the High Commission in New Delhi, two consulates general (one in Mumbai and one in Chandigarh), an honorary consulate in Kolkata and a trade office in Bangalore.</p> <p>"By extending our presence on the ground, we are helping Canadian business to take part in India's growing success long after the trade mission returns to Canada," said Minister Peterson. "We will continue to invest in areas that will bring long-term benefits to both Canadian and Indian businesses."</p> <p><font face="Arial">Parliamentarians Johanne Deschamps, Ted Menzies, Deepak Obhrai, and Health Minister Ujjal Dosanjh joined the trade mission to India.</font></p> <p align="CENTER"><font face="Arial">- 30 -</font></p> <p><font face="Arial">A backgrounder is attached.</font></p> <p> </p> <p>For further information, media representatives may contact:</p> <p>Jacqueline LaRocque<br> Director of Communications<br> Office of the Minister of International Trade<br> (613) 992-7332</p> <p>Media Relations Office<br> International Trade Canada<br> (613) 995-1874<br> <a href="https://bac-lac.wayback.archive-it.org/web/20070220204028/http://www.international.gc.ca/">http://www.international.gc.ca</a></p> <p align="CENTER"><font size="+1"><strong>Backgrounder</strong></font></p> <p align="CENTER"><font size="+1"><strong>TRADE MISSION TO INDIA</strong></font></p> <p><strong><u>Commercial Signing - Mumbai</u></strong></p> <p><strong>Gamma Engineering Ltd.</strong> of Whitby is signing a memorandum of understanding with Lechler India Pvt. Ltd. of Mumbai to engineer and design environmentally friendly air-cleaning equipment for steel mills and cement plants in India.<br> <a href="https://bac-lac.wayback.archive-it.org/web/20070220204028/http://www.gammaengineering.com/">http://www.gammaengineering.com/</a></p> <p><strong><u>Commercial Signings - New Delhi</u></strong></p> <p><strong>BAPS - Canada</strong> of Toronto is signing a cooperation and support agreement with BAPS&nbsp;-&nbsp;India of Ahmedabad to build a 2,322.5 square-metre traditional Mandir-Hindu temple in Toronto. BAPS - India will provide architectural drawings and construction material, including traditional hand carvings and sculptures. More than 200 skilled artisans will travel from India to Canada to build the temple.<br> <a href="https://bac-lac.wayback.archive-it.org/web/20070220204028/http://www.swaminarayan.org/globalnetwork/america/toronto.htm">http://www.swaminarayan.org/globalnetwork/america/toronto.htm</a> </p> <p>Dr. Arthur Carty, on behalf of the <strong>Communications Research Centre Canada (CRC) </strong>of Ottawa, is signing a memorandum of cooperation with Tata Consultancy Services Limited (TCS) of Bangalore, India, to collaborate in telecommunications technologies projects. Through this partnership, CRC and TCS will develop wireless broadband access technologies with a special emphasis on applications to enhance rural communications.<br> <a href="https://bac-lac.wayback.archive-it.org/web/20070220204028/http://www.crc.ca/">www.crc.ca</a> </p> <p><strong>Gamma Engineering Ltd.</strong> of Whitby is signing a memorandum of understanding with Techno Expo of Jhaarkhand, India, to modernize various steel mills in India, by supplying technology, engineering and installation of equipment that will increase production efficiency, save operating costs and reduce greenhouse gas emissions.<br> <a href="https://bac-lac.wayback.archive-it.org/web/20070220204028/http://www.gammaengineering.com/">http://www.gammaengineering.com/</a> </p> <p><strong>Hydrogenics Corporation </strong>of Mississauga is signing a collaboration agreement with the REVA Electric Car Company (RECC) of Bangalore, India, to work on the development of technology demonstrator vehicles that incorporate Hydrogenics Corporation's proprietary hydrogen fuel cell and hybrid technology into the Indian REVA electric car platform. Two fuel cell vehicles are expected to be delivered to a major oil company in India before the end of this year.<br> <a href="https://bac-lac.wayback.archive-it.org/web/20070220204028/http://www.hydrogenics.com/">http://www.hydrogenics.com/</a> </p> </body> </html>

2007  - 2006  - 2005  - 2004  - 2003  - 2002  - 2001  - 2000  - 1999  - 1998  - 1997  - 1996

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