India Largest Business Delegation Heads to Canada for Trade Talks

May 25, 2026

Overview

India sent its biggest-ever business team to Canada from 25 to 27 May 2026. The team has over 100 business leaders. They want to sign a big trade deal called CEPA. Both countries aim to double their trade to CAD 70 billion by 2030.

A Historic Business Mission

India and Canada are good friends. But their trade is not as big as it could be. To fix this, India sent its largest-ever business and investment delegation to Canada. The visit started on 25 May 2026 and will end on 27 May 2026. The delegation is led by Commerce and Industry Minister Piyush Goyal. It includes more than 100 senior business representatives. Some reports say the number is about 150. This is the biggest Indian business outreach mission to a single country. The team will visit two Canadian cities: Ottawa (the capital) and Toronto (the largest city).

Who Is in the Delegation?

The delegation is not small. It brings together leaders from many different sectors. These include:

Energy
Infrastructure
Technology
Manufacturing
Investment
Innovation
Mining
Automotive
Aerospace

These are all important areas for India’s future. By sending such a large and diverse team, India is showing Canada that it is serious about doing business. The business leaders will meet their Canadian partners, explore new opportunities, and sign deals.

The Main Goal: Comprehensive Economic Partnership Agreement (CEPA)

The most important item on the agenda is the Comprehensive Economic Partnership Agreement, or CEPA. CEPA is a broad trade pact. It covers not just goods, but also services, investment, and economic cooperation. A CEPA between India and Canada will make it easier for companies from both countries to trade and invest. It will reduce taxes (tariffs) on many products. It will also create rules that are fair and clear.

India and Canada have been talking about CEPA for some time. Now they want to move fast. The visit from 25 to 27 May 2026 is a big step forward. Both sides hope to finish the agreement by the end of 2026.

The Trade Target: CAD 70 Billion by 2030

Right now, bilateral trade between India and Canada is about 8.5 billion US dollars (for the financial year 2025). This is not a small number, but both countries believe they can do much more. So they have set a target. They want to double their trade to CAD 70 billion by 2030. CAD stands for Canadian dollars. That is a very big goal. To reach it, both countries need to remove trade barriers, build trust, and encourage businesses to work together. The CEPA will help them achieve this target.