India: Land of Opportunity
With the fifth-largest economy in the world and a middle class forecast to reach 386 million by 2030, India is on the trajectory of enormous growth.
India's Economic Landscape
India is a market with tremendous potential for Canadian exporters. Already the world's largest democracy, India surpassed China as the most populous country overall in 2023.
With a gross domestic product (GDP) of US$3.8 trillion, it's now the world's fifth-largest economy, with a healthy growth rate expected to continue for the next decade.
Key Growth Sectors
Top Opportunities for Canada-India Trade
Sectors where Canada has a comparative advantage for exports
Infrastructure
Massive investments in roads, rail, air, and digital infrastructure
AI & Digital Services
Gaming, IoT, and artificial intelligence technologies
Clean Technologies
Water treatment, emissions control, and CCUS technologies
Renewable Energy
Wind, solar, and hydroelectric power solutions
Agri-Food
Farm mechanization, supply chain management, and food processing
Electric Vehicles
EV charging, battery storage, and drive motor technologies
Regional Markets in India
Each regional market has millions of consumers, offering opportunities for medium-sized Canadian businesses
Mumbai & Maharashtra
- Financial services
- National/global business headquarters
Karnataka
- Advanced manufacturing
Gujarat
- Oil & gas
- Chemicals
Hyderabad & Bengaluru
- Technology
- IoT
- Business process outsourcing
- AI
Punjab, Haryana, Madhya Pradesh
- Agriculture and agri-foods
Eastern India
- Mining
- Natural resources
Ready to Explore India's Opportunities?
Let our experts guide you through the process and help you achieve success in the Indian market
Start Your Journey