Indian industry invests CAD 11 billion in Canada, generates over 33,000 jobs: report
International 08 Jun, 2026

Indian industry invests CAD 11 billion in Canada, generates over 33,000 jobs: report

Business To Business, New York, 8th June, 2026:  Indian companies have invested nearly CAD 11 billion in Canada across sectors such as information technology, life sciences, manufacturing, and other industries.
The findings come from a report jointly prepared by the Confederation of Indian Industry and the Canada-India Business Council.
The report was released during the visit of Commerce Minister Piyush Goyal to Canada.
Key Findings

  • Around 50 Indian companies currently operate in Canada.
  • These firms have established a presence in eight of Canada's ten provinces.
  • Indian investments have generated more than 33,000 jobs in the country.
  • Employment created by Indian companies has nearly doubled since 2023, when the CII first published a similar assessment of Indian investments in Canada.
Sectors of Investment
Indian businesses have invested in a variety of industries, including:
  • Information Technology (IT)
  • Life Sciences and Pharmaceuticals
  • Manufacturing
  • Engineering and Industrial Services
  • Other knowledge- and technology-intensive sectors
Significance
The report highlights the growing economic footprint of Indian companies in Canada despite periods of diplomatic strain between the two countries. The increase in jobs and investment suggests that commercial and business ties continue to expand, with Indian firms contributing to local employment, innovation, and economic activity across multiple Canadian provinces.
Key Takeaway
Indian companies have emerged as significant investors in Canada, with nearly CAD 11 billion invested and over 33,000 jobs created. The sharp rise in employment since 2023 underscores the growing role of Indian businesses in the Canadian economy and the continued importance of India-Canada commercial relations.

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