Indo-Canada Chamber of Commerce (ICCC) organized a business reception for the Indian mining delegation visiting the annual Prospectors and Developers Association Convention (PDAC) in Toronto on 2nd March, 2015.
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Dharma P Jain |
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In his welcome remarks, Dharma P Jain, President, ICCC, emphasized the significance of the PDAC convention and the role chamber has played in promoting bilateral trade and investment between Canada and India in the mining sector.
Mining committee of the chamber is working hard to promote the Canada India relations in mining sector. Chamber wanted to share the above 100 years of Canadian mining experience with the state of the art technology to tap the unlocked potential in the mining sector of India, said Jain.
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R. Sridharan
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R. Sridharan, Additional Secretary, Ministry of Mines, Government of India, led the Indian delegation comprising over 24 representatives from the government and the private sector. He said that it’s his second visit to the ICCC reception. The mining sector is undergoing a fundamental transformation in India and the government has set the priorities for the sector for future role. The government of India has amended the mining legislation to attract the private players and foreign direct investment in the sector. “Transparency in the entire process of grant of mineral concessions and their administration should be given the utmost priority”, said Sridharan. |
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Akhilesh Mishra |
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Akhilesh Mishra, Consul General of India in Toronto, lauded the remarkable work of ICCC in promoting bilateral trade between Canada and India, and its focused initiatives in the mining sector.
He further said that Canada’s total export share in India’s import bill of US$ 480 is only US$ 2.5 billion. Canada has much more potential in helping India in hydro carbon, nuclear energy, mining etc. Canadian universities and mining industry can help in Indian capacity building program in the sector. |
Stanley Hartt, Counsel, Norton Rose Fulbright LLP, introduced the speakers to the audience and also spoke about the tremendous opportunities of collaboration in the mining sector between Canada and India.
Several prominent members of the Indo-Canada Chamber of Commerce (ICCC), including Tony Chawla Vice President ICCC and Indira Singh, Chair of ICCC’s Mining Committee, R K Perindia, Commercial Consul, Rahool P. Agarwal, Partner, Norton Rose Fulbright were present on the occasion.
Ajay Gupta, Director Mining of ICCC gave vote of thanks.
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