RxPG News XML Feed for RxPG News   Add RxPG News Headlines to My Yahoo!  

Medical Research Health Special Topics World
 
  Home
 
 Careers 
 Dental
 Medical
 Nursing
 
 Latest Research 
 Aging
 Anaethesia
 Biochemistry
 Biotechnology
 Cancer
 Cardiology
 Clinical Trials
 Cytology
 Dental
 Dermatology
 Embryology
 Endocrinology
 ENT
 Environment
 Gastroenterology
 Genetics
 Gynaecology
 Haematology
 Immunology
 Infectious Diseases
 Metabolism
 Microbiology
 Musculoskeletal
 Nephrology
 Neurosciences
 Obstetrics
 Ophthalmology
 Orthopedics
 Paediatrics
 Pathology
 Pharmacology
 Physiology
 Psychiatry
 Public Health
 Radiology
 Rheumatology
 Surgery
 Urology
 Alternative Medicine
 Medicine
 Epidemiology
 Sports Medicine
 Toxicology
 
 Medical News 
 Awards & Prizes
 Epidemics
 Health
 Healthcare
 Launch
 Opinion
 Professionals
 
 Special Topics 
 Ethics
 Euthanasia
 Evolution
 Feature
 Odd Medical News
 Climate
  India Business
  India Culture
  India Diaspora
  India Education
  India Entertainment
  India Features
  India Lifestyle
  India Politics
  India Sci-Tech
  India Sports
  India Travel
 
 DocIndia 
 Reservation Issue
 Overseas Indian Doctor

Last Updated: May 17, 2007 - 8:46:52 AM
News Report
India Business Channel

subscribe to India Business newsletter
India Business

   EMAIL   |   PRINT
'Indians will be Canada's largest immigrant group by 2009'
Mar 12, 2007 - 7:02:58 PM
'India's dramatic growth has placed a burden on existing facilities and a lack of infrastructure is constraining both expansion of the economy and dispersion of the benefits of economic progress,' he said.

Article options
 Email to a Friend
 Printer friendly version
 India Business channel RSS
 More India Business news
[RxPG] New Delhi, March 12 - Indians will become Canada's largest immigrant group by 2009 even as Ottawa is working towards a global commerce strategy with India as a priority country, a top Canadian official said here Monday.

'We are putting finishing touches on what we call a global commerce strategy and completing an assessment of markets and opportunities among our many trading partners,' said Ted Menzies, Canada's parliamentary secretary to the minister for international trade.

'India is at top of our list. We will have within the global commerce strategy an ambitious and targeted approach for India,' said Menzies, who is on a visit to India, filling in for International Trade Minister David Emerson, who has taken ill.

He said over 700,000 people of Indian origin have made Canada their home and that their contribution to their country of adoption has been profound and direct, with greater potential in store.

'If projections hold, India, currently Canada's number two source of immigrants, will be number one by 2009. The Indian contribution to our spectacular Canadian mosaic will grow stronger and the ties between our countries can grow stronger.'

According to the official, the merchandise trade between the two countries stood at $3.6 billion in 2006 - thanks to a 54-percent increase in the country's exports to India valued at $1.7 billion - the highest increase in 15 years.

He said the story was similar in the case of bilateral investment, with India now emerging as an important source of capital for the country, and cited the examples of new investments in Canada by the Birlas, ICICI Bank and Satyam Computers.

'One of our first priorities will be a high-quality foreign investment promotion and protection agreement,' he said, adding: 'We believe we can increase Indian investment in Canada five-fold by 2010.'

Menzies also offered help in infrastructure where India is seeking investment of $320 billion over the next 10 years. 'Infrastructure is one of our priority sectors,' he said.

'India's dramatic growth has placed a burden on existing facilities and a lack of infrastructure is constraining both expansion of the economy and dispersion of the benefits of economic progress,' he said.

'Canada can help. We have strong and reputable companies in every aspect of construction, architecture, design, engineering and telecommunications.'





Related India Business News
11 Indian firms to set up manufacturing units in China
Draft bill to amend Companies Act under preparation
Spanish firm prefers India to China for joint venture
Only foreign vacations please: Outbound travel booms
New twist in Gurgaon SEZ protest
Indian Inc leaders to head for Cannes
SBI Mutual Fund to tap infrastructure opportunities
Probe ordered on tax breaks of Tendulkar, Gavaskar
BIG 92.7 FM to promote 'Jhoom Baraabar' songs
Sun Micro, Tech Mahindra join hands for IPTV services

Subscribe to India Business Newsletter
E-mail Address:

 Feedback
For any corrections of factual information, to contact the editors or to send any medical news or health news press releases, use feedback form

Top of Page

 
© All rights reserved 2004 onwards by RxPG Medical Solutions Private Limited
Contact Us