In 2025, trade between India and Canada shot up to $8.66 billion, a jump from $8.4 billion last year. India exported $4.22 billion to Canada and imported $4.45 billion—about CAD 13.3 billion in total. This growth comes after the two countries hammered out the CEPA Terms of Reference in March 2026, aiming to hit a huge $50 billion by 2030. During India Energy Week, Canadian PM Carney and India’s PM Modi landed deals on uranium, key minerals, and supply chains. They even shaved 10-14 days off shipping times with new West Coast infrastructure. India’s economy is racing ahead at over 7% a year—fastest among major economies—so Canadian businesses now have a shot at a 1.4 billion-strong market hungry for resources and tech. Why should you care? Because ICC Canada is the one opening doors, passing on inside info, and turning headlines into profit for you.
Here’s Where the Money Flows: What Canada Sells to India
Pulses and Ag Products: Feeding India’s Growth
Canada’s lentils, chickpeas, and peas lead the way, worth $949 million in 2025. These pulses keep up with India’s booming middle class and growing demand for protein. Canola oil and agri-tech are next, keeping Indian cities fed and secure.
Energy: Fuels and Uranium Power India’s Ambitions
Mineral fuels and oils totaled $640 million. Canada’s uranium is firing up India’s 100 GW nuclear expansion. Liquefied natural gas from Canada now gets to India faster and for less, fitting right into India’s push for greener energy.
Critical Minerals: The EV & Solar Rush
Canada shipped $459 million in precious stones and minerals, and $213 million in ores—making it India’s go-to partner as India needs Lithium for batteries, copper for solar panels—the partnership adds up fast.
Fertilizers and Pulp: Laying Foundations
Fertilizers worth $375 million boost Indian crop yields, while pulp and wastepaper ($355 million) supply packaging for India’s e-commerce boom. These aren’t just raw materials—they’re a stake in India’s $130 billion infrastructure spree.
Tech, Machinery, and More
Add it up, and Canadian exports—aircraft parts, machinery, agri-food processing equipment—totaled $5.3 billion in 2024. ICC Canada connects you directly to buyers in Mumbai, Delhi, and Bangalore.
Now Flip It: What India Sells to Canada—Your Sourcing Edge
Pharma Powerhouse: Affordable and Reliable
India leads with pharma exports—$540 to $581 million in 2025. Generics and APIs from Sun Pharma and Aurobindo meet Canada’s demand for affordable, high-quality medicine.
Machinery and Engineering Goods: The Industrial Boost
Reactors and boilers ($304 million), electrical machinery ($256 million), and iron/steel articles ($289 million) power Canadian manufacturing and EV industries. Tata Electronics is at the front of the pack.
Textiles and Apparel: Diverse, High-Quality Fabrics
Indian textiles—garments, cotton yarn, knitwear—brought in over $61 million. Add in rice, spices, and tea, and you get a taste of India’s rich variety. Bollywood silks or basmati rice, Indian handlooms fit right in with Canada’s diverse tastes.
Vehicles and Auto Parts: Reliable Supply
Vehicles ($133 million) and transmission gears ($55 million) from India’s auto sector keep Canadian fleets running smoothly and cheaply.
Hidden Gems: Chemicals, Seafood, and More
India’s organic chemicals ($240 million), along with seafood, handicrafts, and sugar, round out a diverse $4.2 billion export basket. From processed foods to gems and pearls—over 4,500 products make their way to Canada.
The $50 Billion Opportunity: What’s Next as India’s Economy Takes Off
India’s Growth: Your Fast Track to New Markets
India’s economy now ranks third in the world by PPP, growing at over 7% a year. With a $130 billion infrastructure budget and a middle class set to hit 500 million by 2030, the opportunities just keep multiplying. E-commerce is booming at $350 billion, EVs are everywhere, and the digital economy is exploding. Canada’s resources and tech are a perfect fit. But here’s the real story: $8.7 billion in trade is just the tip of the iceberg. The CEPA deal opens up tariffs, visas, investment—removing the barriers.
Critical Minerals: Fueling the Green Revolution
Canada’s lithium, graphite, and nickel, combined with Indian battery and EV manufacturing, are a match made for the green economy. Joint ventures for solar storage and reduced reliance on China are still wide open—worth over $10 billion in new supply chains. ICC is there to broker those deals.
Agrifood: Feeding Urban India
India needs Canadian pulses, canola, fertilizers, and cold chain logistics to feed its mega-cities. There’s a huge untapped market for agri-tech—think drones and precision farming. Even basic partnerships in lentil processing can return 20% margins.
Digital Gold Rush: Tech Synergies
India’s digital payments system and infrastructure needs Canadian AI, data security, and fintech. The next big thing? Cybersecurity for banks, analytics for a billion users, and a $5 billion digital trade market by 2030.
Nuclear and Clean Energy: Powering the Future
Canada’s Uranium is set to drive India’s 100 GW nuclear plan. But there’s more—joint development of small modular reactors, green hydrogen from Canadian LNG, and defense partnerships through CEPA are all on the table.
Infrastructure and Manufacturing: Building Tomorrow
India’s $1.4 trillion infrastructure pipeline needs Canadian machinery and rails. Canadian SMEs can jump in, too—ICC’s 20+ sectoral councils help you find your opening.
ICC, Your Liaison to Locked-In Opportunities
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