Ontario (Canada) + India: Trade Agreements Worth Over $240 Million and More Than 150 High-Value Jobs to Be Created in Ontario

The following video presents Ontario Business Mission to India:

Image Courtesy of Ontario Government
Image Courtesy of Ontario Government

Ontario Premier Kathleen Wynne recently concluded her trade mission (February 1 – 5, 2016) in India.

  • Premier Wynne signed Memoranda of Understanding (MOUs) with five Indian states during the mission. These agreements will make it easier for the regions to work together in areas of mutual interest.
  • Ontario has International Trade and Investment Offices in Mumbai and New Delhi that can help Indian companies do business in Ontario and provide information to Ontario businesses about opportunities in India.
Image Courtesy of Ontario Government
Image Courtesy of Ontario Government

Some Key Highlights of the Trade Mission

February 1

$98 Million in Agreements Announced on Day 1 of India Trade Mission

Ontario-based Novo Plastics announced it will start the production and sale of the world’s first plastic exhaust system in India.

  • This ground-breaking technology was made with support from the Ontario Innovation Demonstration Fund.

Ontario businesses and educational institutions announced several new partnerships in New Delhi, including:

  • Seneca College and the Max Institute of Health and Education and Research will partner to train 3,500 medical sales graduates. India’s Life Sciences Sector Skills Development Council identified the need for 20,000 trained medical sales representatives.
  • National Skills Development Corporation and five Ontario colleges launched a joint initiative that is aimed at enhancing training programs to Canadian and international standards while strengthening educational and economic ties between Ontario and India.
  • The Ontario Ministry of Research and Innovation will invest $900,000 to support three strategic, bilateral research collaborations under the Ontario-India Research Collaboration Fund, to support researchers from Ontario and India who are involved in developing new anti-malarial treatments, new water purification technologies and a community energy storage system. This funding will be matched by India’s Department of Science and Technology and Department of Biotechnology.

The Premier delivered a keynote address on the economic benefits of fighting climate change to several hundred Indian business leaders and innovators at the Economic Times Global Business Summit.

  • While in New Delhi, Premier Wynne signed Ontario’s first MOU with the state of Andhra Pradesh.
  • This agreement will make it easier for the two regions to share knowledge about climate change and will support economic cooperation through joint activities such as seminars, trade missions and conferences.

The Premier also participated in a panel with female parliamentarians from Afghanistan, India, Nepal, Pakistan and Sri Lanka on empowering women through skills development and economic independence.

February 3

Premier’s Statement on Meeting with the Prime Minister of India

“….My mission will help generate new business, political and cultural connections that will lead to future partnerships that benefit both regions. Providing companies with more opportunities to do business internationally is generating jobs and economic growth in both India and Ontario, and I look forward to further deepening this important relationship….”

Ontario Premier Kathleen Wynne

February 4

New Education and Business Agreements Announced in India

The following new international technology and higher education agreements were signed between Ontario delegates and their Indian partners. This is in addition to the 39 agreements that were signed during the Premier’s visits to New Delhi and Chandigarh:

  • DataWind signed a Memorandum of Understanding (MOU) with the Government of Telangana to open a manufacturing base in Hyderabad, which is expected to be in production within months.
  • Solantro and Smarttrak announced that they will collaborate on the development of electric power solutions, renewable energy and micro inverters.

February 4

Ontario Promotes Innovative Auto Strengths in India

  • India and Ontario have an excellent track record of collaboration in the automotive sector and continue to grow partnerships in automotive trade, innovation and investment.
  • For example, India’s Tech Mahindra is piloting its Intelligent Electric Vehicle Charging technology in Niagara-on-the-Lake, Ontario. The company selected Ontario because of its leadership in Smart Grid and renewable energy technologies.
  • Ontario is the first Canadian province to allow on-road testing of automated vehicles and is home to almost 100 companies and institutions involved in connected vehicle and automated vehicle technologies.

February 5

Premier Concludes Successful Trade Mission to India

Several agreements are valued at over $240 million and will create more than 150 high-value jobs in Ontario.

  • Ontario and the State of Maharashtra signed a MOU that will focus on strengthening connections in key commercial areas, including urban infrastructure, information and communications technology, advanced manufacturing, agriculture and education.

Delegates accompanying the Premier on the mission also signed agreements that will help Ontario and India share their expertise and knowledge:

  • eCAMIONRyerson University Centre for Urban Energy and L&T Technology Services will work with the Tamil Nadu Generation and Distribution Corporation and Anna University-Ryerson University Urban Energy Centre to launch India’s first community energy storage system at Anna University on the Tamil Nadu state grid.
  • With the goal of providing customers with safe and healthy drinking water through cutting-edge technologies and customized water solutions, Process Research ORTECH (PRO), a Mississauga-based company that incubates and commercializes innovative technologies for process industries, signed a $10-million MOU to form a strategic partnership with Eureka Forbes, India’s leading health and hygiene company. Through this collaboration, the companies will leverage their core competencies and skills to introduce a unique and innovative technology with Automated Variable Filtration (AVF), a high-quality water filtration system, to India.
  • Seneca College and College of Engineering Pune announced that they will launch an innovative project competition in the area of health care through Seneca’s incubator HELIX (Health Entrepreneurship and Lifestyle Innovation Xchange). This tri-party MOU, also with the City of Markham, will promote global entrepreneurship among young entrepreneurs from India and Ontario.
  • Clearford Water Systems and Essel Group announced that they will work together to bring an all-in-one wastewater collection and treatment system to India. This includes identifying a village for a demonstration site.
  • McMaster University and Indian Institute of Technology – Bombay announced that they will work together on new collaborative research initiatives and training models. Key areas are automotive research, materials and biotechnology.
  • DataWind announced three MOUs during the mission. In Amritsar, the company announced a new product for the Indian market designed in Ontario. In Hyderabad, the company announced a new partnership with the Government of Telangana to open a manufacturing base, which is expected to be in production within months. In Mumbai, the company announced a new relationship with Naaptol to develop 4G tablets in India.

February 5

Bringing the Magic of Indian Film to Ontario

  • The City of Toronto and the Maharashtra Film Stage and Cultural Development Corporation signed a Memorandum of Understanding to work together on common interests in the creative screen industries, including studio production, post-production, visual effects and interactive/digital media.
  • The Toronto International Film Festival (TIFF) and the Mumbai Academy of Moving Image (MAMI) highlighted their collaboration on a boot camp to help Indian filmmakers bring their work to international film festivals.
  • These new partnerships will enhance the relationship between Ontario and India’s film industries and pave the way for more collaboration between producers, directors and artists from both regions.
  • The provincial budget for cultural media tax credits will increase from $399.7 million in 2014–15 to nearly $440 million in 2015–16.

NEWS RELEASE

Premier Concludes Successful Trade Mission to India

65 New Agreements Formalized During the Mission

February 5, 2016 12:15 P.M.

Office of the Premier

Premier Kathleen Wynne wrapped up her first mission to India today in Mumbai, where 16 new agreements between businesses and institutions from Ontario and India were announced, bringing the total number of agreements signed during the mission to 65. These agreements are valued at over $240 million and will create more than 150 high-value jobs in Ontario.

Ontario and the State of Maharashtra signed a Memorandum of Understanding (MOU) that will focus on strengthening connections in key commercial areas, including urban infrastructure, information and communications technology, advanced manufacturing, agriculture and education.

Delegates accompanying the Premier on the mission also signed agreements that will help Ontario and India share their expertise and knowledge:

  • eCAMIONRyerson University Centre for Urban Energy and L&T Technology Services will work with the Tamil Nadu Generation and Distribution Corporation and Anna University-Ryerson University Urban Energy Centre to launch India’s first community energy storage system at Anna University on the Tamil Nadu state grid.
  • With the goal of providing customers with safe and healthy drinking water through cutting-edge technologies and customized water solutions, Process Research ORTECH (PRO), a Mississauga-based company that incubates and commercializes innovative technologies for process industries, signed a $10-million MOU to form a strategic partnership with Eureka Forbes, India’s leading health and hygiene company. Through this collaboration, the companies will leverage their core competencies and skills to introduce a unique and innovative technology with Automated Variable Filtration (AVF), a high-quality water filtration system, to India.
  • Seneca College and College of Engineering Pune announced that they will launch an innovative project competition in the area of health care through Seneca’s incubator HELIX (Health Entrepreneurship and Lifestyle Innovation Xchange). This tri-party MOU, also with the City of Markham, will promote global entrepreneurship among young entrepreneurs from India and Ontario.
  • Clearford Water Systems and Essel Group announced that they will work together to bring an all-in-one wastewater collection and treatment system to India. This includes identifying a village for a demonstration site.
  • McMaster University and Indian Institute of Technology – Bombay announced that they will work together on new collaborative research initiatives and training models. Key areas are automotive research, materials and biotechnology.
  • DataWind announced three MOUs during the mission. In Amritsar, the company announced a new product for the Indian market designed in Ontario. In Hyderabad, the company announced a new partnership with the Government of Telangana to open a manufacturing base, which is expected to be in production within months. In Mumbai, the company announced a new relationship with Naaptol to develop 4G tablets in India.

The Premier also met with representatives from several Indian companies — including ICICI BankMahindra Group and the Tata Group — to promote Ontario as an ideal place to invest, and participated in a financial services roundtable held by the Canada-India Business Council.

The Premier attended a Bollywood-style film event in Mumbai, where she met with leaders from India’s film industry to promote Ontario as an ideal location for future productions.

Attracting new investment and helping the province’s businesses compete globally is part of the government’s plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan is investing in people’s talents and skills, making the largest investment in public infrastructure in Ontario’s history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.

Quick Facts

  • In total, 16 new agreements were signed in Mumbai. This is in addition to the 49 agreements that were signed during the Premier’s visit to New Delhi, Chandigarh and Hyderabad, bringing the total number of agreements signed during the mission to 65.
  • Premier Wynne signed MOUs with five Indian states during the mission. These agreements will make it easier for the regions to work together in areas of mutual interest.
  • Ontario has International Trade and Investment Offices in Mumbai and New Delhi that can help Indian companies do business in Ontario and provide information to Ontario businesses about opportunities in India.

Additional Resources

Quotes

“In order to keep our economy strong and prosperous, we need to continue looking for opportunities to expand our trade with new and emerging markets. This mission has strengthened Ontario’s relationships with India, and created new opportunities for Ontario businesses. By signing new memorandums of understanding and agreements valued at more than $240 million, which will create more than 150 high-value jobs in Ontario, we have strengthened our economy and demonstrated that Ontario is one of the best places in the world to do business.”
Kathleen Wynne
Premier of Ontario

“The tremendous success of the mission builds on our longstanding relationship with India and also reinforces Ontario’s profile on the world stage. Our government will continue working collaboratively with our business and research communities to build an innovative, dynamic economy that supports long-term growth and job creation.”
Brad Duguid
Minister of Economic Development, Employment and Infrastructure

“This mission to India was an opportunity to strengthen government-to-government connections and reinforce trade development and investment opportunities. The agreements signed during this mission build on Ontario’s long-standing friendship and collaboration with India. These investments will create high-value jobs and generate economic growth across our province.”
Michael Chan
Minister of Citizenship, Immigration and International Trade


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