Boosting Trade And Investment Between Ontario And India
Premier Dalton McGuinty led Ontario's business mission to India to attract investment and jobs to the province and to help link Ontarians with business, education and cultural opportunities in India.
More than 100 leading Ontarians -- representing 87 companies, universities and other organizations -- took part in the mission. The mission focused on five key sectors: infrastructure, research and innovation, financial services, cultural industries and education.
The mission included meetings with top government officials, such as India's Minister of Finance Palaniappan Chidambaram; Deputy Chair, National Planning Commission, Montek Singh Ahluwalia; Minister of Science and Technology Kapil Sibal; Minister of Commerce Kamal Nath; Minister of State for External Affairs Anand Sharma; Chief Minister of Delhi Sheila Dikshit; Chief Minister of Punjab Captain Amarinder Singh; and Chief Minister of Haryana Bhupinder Singh Hooda.
Delegates also met with leading investors, including India's first multinational corporation, the Aditya Birla Group, and India's largest private sector bank, ICICI Bank.
A total of 35 agreements were reached during the mission.
Strengthening Trade and Investment Ties
The Ontario Chamber of Commerce: An agreement has been reached with the Confederation of Indian Industry, Northern Region, to share information, expertise and resources; identify and facilitate further trade opportunities; and advocate on issues affecting Ontario-India business relations to their respective governments.
PCI Geomatics of Richmond Hill: An MOU has been reached with Ramtech Corporation to develop a strategic partnership in the areas of research, innovation and investment to create India-based GeoCapacity. It will provide vital information for food security, disaster planning and other applications requiring geospacial information.
Gamma Engineering of Whitby: Gamma will collaborate with Concast (India) Ltd. Gamma Engineering will be represented in India by Concast (India) for the promotion and sales of Elector Static Precipitators and Slag Detection System for Steel Mills. Concast (India) will be represented in Canada by Gamma Engineering for the promotion and sales of Continuous Casting Machines.
Process Research Ortech of Mississauga: Process Research Ortech (PRO) announced with its India partner Resurgent, the commissioning of a Biomass Power Plant in Trichy, India. The partnership will market the ash by-product to the construction and agricultural industries.
R.V. Anderson Associates Ltd. of Toronto: The company will partner with Mott MacDonald Limited of the UK to design and supervise construction improvements to Mumbai's wastewater treatment and collection infrastructure with a capital value of $350 million.
Toronto Financial Services Alliance: In 2006, the Alliance signeda tripartite MOU in Mumbai with International Financial Services London and Bombay First to promote economic and sectoral links between the three cities for an initial two-year period. All three organizations have similar mandates to enhance and promote their respective cities as premier centres for financial services.
Strengthening Educational Ties
Algonquin College of Applied Arts and Technology: The college will work with Dr. D. Y. Patil Educational Enterprises Private Limited to collaboratively develop Commercial Pilot and Aviation Management training and Photonics training to be delivered in India and Ontario.
Brock University: The university will work with YCM Open University in Nashik, India, to establish research, knowledge transfer and academic exchange programs focusing on oenology, viticulture and biosciences.
The Canadian Institute of Telecommunications (CIT) of Mississauga: The CIT and Gian Jyoti Institute of Business and Technology of Chandigarh will consult on course outlines, lab development and academic infrastructure and work collaboratively on student exchange and international student placement. The CIT and the Institute of Aviation Hospitality and Management India will work together to provide language and soft skills training and student exchange. They will also collaborate on course outlines, lab development and academic infrastructure.
George Brown College: The college will work with the Institute of Hotel Management, Catering Technology and Nutrition in Mumbai to deliver a joint Chef Training certificate program and launch a joint externship program for students. The college will also work with the Chitkara Educational Trust and the Punjab Technical University to deliver a joint Computer Systems Technology/Bachelor of Computer Applications program and engage in related applied research activities.
McMaster University: The university will enter into several cooperative agreements in the fields of engineering and science to jointly develop educational programs, industry-based training and research projects. The partners will also explore the potential to exchange academic and research information and facilitate faculty, researcher and student exchanges. Its partners include: the National Physical Laboratory; GM Research and Development India; Indian Institute of Science, Bangalore; Jawaharlal Nehru Centre for Advanced Scientific Research; Indian Institute of Technology, Bombay.
McMaster University, Faculty of Engineering: The faculty will work with the Ansal Institute of Technology to create a Computer Science Transfer Program that gives Ansal Institute students the opportunity to apply to the bachelor of applied science degree in honours computer science at McMaster.
Ontario Ministry of Training, Colleges and Universities: The ministry announced the establishment of the Ontario-Maharashtra-Goa student exchange program. York University and the University of Pune in Maharashtra signed the agreement as the lead institutions to initiate the program. Fifty Canadian and Indian students from approximately 10 institutions in each jurisdiction are expected to participate annually.
Registered Nurses' Association of Ontario: The association will partner with the Trained Nurses' Association of India to strengthen the professional development of nurses and nursing practices through their respective associations.
Ryerson University: The university will enter into several agreements to promote student and faculty exchange programs, develop curriculum and collaborate on research projects, capacity building and private-sector training.
Its partners include: National Institute of Fashion Technology, Indian Retail School, Pearl Academy of Fashion, Confederation of Indian Industries.
Seneca College of Applied Arts and Technology: The collegewill develop a joint program in Bio-Informatics with the Reva Group of Institutions of Bangalore.
It will also partner with the Provincial Academy of Learning Excellence of Nagpur to deliver a joint program and provide teacher training in the area of global logistics and supply chain management. Both programs will qualify trainees for the Ontario College Graduate Certificate from Seneca.
University of Waterloo: The university has entered into partnerships with:
- Indian Institute of Technology (IIT) Delhi to strengthen an existing faculty exchange program with additional collaborative research initiatives.
- IIT Kanpur to create a Faculty Exchange Forum to promote collaborative research, student exchange and other initiatives. IIT Delhi will also partake in the Faculty Exchange Forum.
- IIT Bombay to develop a joint research initiative in nano-technology research to allow for the exchange of students, faculty and research personnel.
- Chennai Mathematical Institute to promote the exchange of students and research in actuarial science and financial risk management.
University of Windsor: The university will partner with the Ansal Institute, Gurgaon, Haryana, to provide exchange opportunities for students. The university will also partner with Bengal Engineering & Science University in Howrah, India, to develop collaborative research programs, and faculty and post-graduate exchanges.
York University: The university will partner with the following academic institutions:
- Birla Institute of Technology & Science, Pilani, and its branches at Goa, Hyderabad and Dubai to promote both faculty and student exchanges.
- Indian Institute of Technology, Bombay, to promote faculty and student exchanges in computer vision, image processing, the theory of computation, biology and biomedical sciences.
- St. Xavier's College, Mumbai, to facilitate short and long-term student exchanges in biology, health sciences and environmental sciences, including a summer study program in 2007.
- University of Pune to establish the Ontario-Maharashtra-Goa student exchange program.