TPCI organises online Indo-Canada Buyer-Seller Meet
On Wednesday, July 15, 2020, Trade Promotion Council of India, in association with the High Commission of India in Ottawa, orchestrated an online Indo–Canada Buyer Seller Meet, which saw participation from prominent names in the food & beverage industries of the countries. The virtual session was inaugurated by TPCI’s chairperson, Mohit Singla, extending a warm welcome to the High Commissioner of India in Ottawa – Mr. Ajay Bisariya, Consul General of India in Toronto – Ms. Apoorva Srivastava, Consul General of India in Vancouver – Ms. Abhilasha Joshi – and businessmen from India and Canada.
“Today Department of Commerce has issued trade data for the month of June 2020. I am very happy to inform that exports in the month of June 2020 vis-à-vis to June 2019 have declined by only 4%. We exported almost one lakh sixty six thousand crore worth of merchandise. It shows that the Indian market has bounced back very well and international markets are responding well to Indian exports. It is also pertinent to mention that the food sector has shown phenomenal growth to the tune of 27% and the major markets that have responded well are the US and Canada. We have to work with more responsibility,” stated TPCI’s Chairman.
This was followed by an address by the High Commissioner, Shri Ajay Basaria. He stated, “The strategic India-Canada economic partnership is moving to the next level in business & political terms and often the business side leads the political side. Merchandise trade has gone up by 24% during the pandemic. Investment from Canada to India has grown from US$ 5 billion to US$ 60 billion in the last 5-6 years.”
The meeting saw participation from 15 Canada-based buyers. These included prominent names such as Global Choice Foods Ltd., Gelda Foods, Amrita Trading Company, Amrita Trading Company and Amrita Trading Company. Some major Indian exporters who attended the meeting included Capital Ventures Pvt Ltd, Param Dairy, Jubilant Consumer and S S Food Industries.