Piyush Goyal Pitches India's Economic Opportunity to Canadian Firms

Commerce Minister Piyush Goyal used his platform at a Toronto business summit to showcase India's economic credentials and invite Canadian investors to participate in its growth trajectory. The address came during a ministerial plenary focused on converting geopolitical shifts into tangible commercial benefits. Goyal detailed India's policy reforms aimed at reducing compliance burdens and improving the investment climate. He positioned the Comprehensive Economic Partnership Agreement as a foundational pillar that would facilitate deeper market access and supply chain integration between the two economies. With current trade at $8.5 billion, both governments have set an ambitious target of reaching $50 billion by 2030. Goyal said achieving this milestone would require coordinated action across multiple sectors and sustained policy support from both sides. The minister led India's largest business delegation to Canada, comprising representatives from over 100 companies. The delegation engaged in intensive B2B meetings and sector-specific roundtables designed to identify partnership opportunities and accelerate CEPA talks. The Toronto program follows the roadmap established during recent bilateral visits and reflects India's proactive approach to strengthening economic diplomacy with strategic partners in North America.