Agri-Food Mission Strengthens Economic Ties With India
Province Promoting Ontario Companies, Building Trade Partnerships
Ontario is helping to grow the province's agri-food industry and support expanded international trade and investment in the sector.
Minister of Agriculture, Food and Rural Affairs Jeff Leal and Minister of International Trade Michael Chan successfully concluded Ontario's first ever agri-food trade mission in India, along with delegates from Ontario agri-food businesses and organizations.
While in India, representatives of the province signed a memorandum of understanding with the Forum of Indian Food Importers (FIFI) to facilitate trade and investment in Ontario and strengthen relationships among agri-food businesses and organizations.
Ministers and delegates also promoted Ontario's cutting edge agri-technology and economic opportunities to more than 300 Indian agri-food companies and government officials.
The mission built on the momentum of Premier Kathleen Wynne's trade mission to India earlier this year, and helped demonstrate Ontario's continued commitment to forging strong economic relationships that allow the province to remain globally competitive.
Building new relationships and helping Ontario businesses compete globally is a part of our plan to create jobs, grow our economy and help people in their everyday lives.
- An agreement was signed between the University of Guelph and Guru Angad Dev Veterinary and Animal Sciences University to explore opportunities for research cooperation in livestock agriculture, aquaculture, food science and veterinary medicine.
- While in Mumbai, Minister Chan witnessed a contract signed by Ontario-based BuiltRite Technologies Inc. and Infinity Group, and also took part in the signing of an expression of interest between Clearford Water Systems and the municipal government of Bhilai to implement a decentralized sewage system.
- In 2015, two-way trade between Ontario and India totalled $2.4 billion, with agri-food exports accounting for $2.5 million.
- In 2015, Ontario created a New Delhi-based agri-food trade advisor position to help the province’s agri-food sector expand into the Indian market.
“This mission provided Ontario with the opportunity to showcase our cutting edge agri-technology and products while laying a strong foundation for future trade and investment with India. We will continue working to increase agri-food exports to meet demands in the Indian market, to transfer technology in food processing and distribution and to build partnerships in educational training and food retailing. By working together, we will build on the success of this mission and boost agri-food trade, jobs and economic growth for both regions.”
“Ontario’s first ever agri-food mission to India was a huge success. Increasing export trade is critical to Ontario’s economic growth, and this mission helped reinforce our expertise, products and services, which were well received in one of the fastest-growing economies in the world. We will continue to build on this momentum to help create jobs and economic growth across our province.”