India is open for business and investment

ICCC board with the delegation

Indo Canada Chamber of Commerce hosted a business delegation led by Dr. Ranjeet Mehta, Principal Director PHD Chamber of Commerce and Industry for an interactive session with the members of ICCC. ICCC’s MoU partner PHD Chamber of Commerce and Industry, is a proactive and dynamic national apex chamber, working at the grass-root level and with strong national and international linkages. It acts as a catalyst in the promotion of industry, trade and entrepreneurship. The visiting delegates represent sectors such as IT, AI & Automation, Advanced manufacturing, Education (Ties with Universities/colleges), Agricultural Products & Research, Food Processing, Renewable Energy etc.

Mr. Kanwar Dhanjal, President ICCC welcome the delegation and said that the time has come to rethink for doing business with India as at present it is not up to its full potential. Canada needs India more than India needs Canada. The Indian diaspora in Canada can play a very robust role as bridge builder to take the commercial ties to a different level. Canadian entrepreneurs can collaborate and cooperate with their Indian counterparts in developing ties in Indian hosiery, education and skill development, engineering outsourcing and advance manufacturing.

Dr. Mehta, Mr. Dhanjal with others
Dr. Ranjeet Mehta

Speaking on the occasion Dr. Ranjeet Mehta, Principal Director PHDCCI said that India is the fastest growing economy of the world now and is open for business. India’s growth is generating new opportunities for businesses to invest in India. As developing economy (over 7% Annual GDP growth) it needs more power. Indian government set a target to achieve over 175 GW of power through renewable energy resources by the year 2022. Canada do have a robust technology in the sector which can be helpful for India. He invited the Canadian entrepreneurs to join hands with their Indian counterparts and invest in the sectors such as food processing, infrastructure development, cold chain management and housing market.

Dr. Mehta also invited the ICCC to lead a delegation in Punjab International Trade Expo (PITEX). The 13th Edition of Pitex 2018, Signature event of PHD Chamber of Commerce & Industry, will be held at Amritsar from 7-11 December 2018. The conclave and Exhibition will open new avenues of networking and scaling up of business in Punjab.

Mr. Saifullah Khan, Consul Commercial assured all types of help for the promotion of trade and commerce ties between the two countries. ICCC’s Vice President Mr. Nareshkumar Chavda and Mr. Ajay Tandon. ICCC Directors Mr. Abu Becker, Mr. Sanjay Brahmbhatt, Mr. Pranav Patel, Mr. Pradyuman Jhala were also present at the ceremony along with ICCC members.

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