India Goes Green, Ontario Gets Green Jobs
New Partnerships Worth $650 Million Will Create Green Tech Jobs In Ontario
Ontario's trade mission wrapped up its eight-day visit to India in Hyderabad today, delivering new deals that will create jobs in Ontario and a greener environment for all.
All together, the 27 businesses and institutions on the mission signed agreements totalling $650 million -- with additional Memoranda of Understanding that will see Ontario and India firms continue to develop stronger ties into the future.
One major highlight of the trade mission was the International Indian Film Academy's announcement that their 2011 awards ceremony will be coming to Toronto -- the first time this ceremony has taken place in North America. The festival will bring 40,000 visitors to the city, millions in revenue and reach a worldwide television audience of 350 million people.
While in Hyderabad, Premier McGuinty participated in a plenary session and signing ceremony.
Later in the day he joined a roundtable discussion at the Indian School of Business for a discussion on global trade.
He ended the day with a tree-planting ceremony at the Confederation of Indian Industry's Sohrabji Godrej Green Business Centre.
- Hyderabad is the fifth largest metropolis of India.
- The Financial Times recently ranked the Indian School of Business one of the world's top 15 business schools.
- More than 2,600 environmental technology companies are based in Ontario.
“The agreements we've signed here in India will mean good jobs for our families back home in Ontario. But they'll also help India meet its goals of building a greener, more sustainable economy. And that benefits not only Indians, but Ontarians and people all around the world.”