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Canada India — Canada’s Minister of International Trade Maninder Sidhu, right, and India’s Minister of Commerce and Industry Piyush Goyal

New Delhi: India and Canada have launched a trade and investment forum to bring together businesses from both countries to promote commercial engagement, the government said on Friday after commerce and industry minister Piyush Goyal concluded a three-day visit to the country.

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The two sides also agreed to enhance connectivity, including people to people ties, business mobility and direct commercial linkages, as essential enablers of expanded trade and investment.
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Goyal held a series of meetings with business leaders, besides a bilateral meeting with Canada’s international trade minister Maninder Sidhu, during the May 25-28 visit.

“The Ministers launched the Canada-India Trade and Investment Forum as a key platform that brings together Canadian and Indian business leaders and fosters new commercial partnerships and increased business engagement,” commerce and industry ministry said in a statement.

India and Canada reiterated their commitment to advancing an ambitious and mutually beneficial comprehensive economic partnership agreement and affirmed their shared objective of concluding negotiations by the end of this year.
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Sidhu confirmed that Canada will send a Team Canada Trade Mission to India later this year, according to the statement.

“Canada and India agreed to continue encouraging long term, high quality investment in priority sectors and to support deeper collaboration between businesses, innovators, and institutional partners in both countries,” it said.

US trade
Goyal engaged with more than 50 prominent business and industry leaders at a closed-door roundtable discussion in New York City. In a post on X, he said the discussions focused on expanding partnerships across trade, investment, innovation and supply chains to drive shared prosperity between the two nations. “Goyal held a series of high-level business and investment engagements in New York on 28 May 2026 during his transit through the city,” the ministry said. His visit to the US comes ahead of an American team’s visit to India from June 1-4 to finalise details of the interim trade pact and take forward negotiations under the broader bilateral trade agreement on various areas such as market access, non-tariff measures and customs facilitation.

“Discussed ways to further deepen India-US trade, investment, innovation, and supply-chain partnerships for shared prosperity,” Goyal said in a post on X.

The minister also held bilateral talks with leading industry heads. During his meeting with Morgan Stanley chairman and CEO Ted Pick, the discussions focused on strengthening long-term investments and institutional partnerships in India, while exploring how the investment bank and financial services firm can leverage the immense opportunities emerging across sectors in India.

With Warburg Pincus chairman Chip Kaye, Goyal exchanged views on the evolving global investment landscape and India’s emergence as a key driver of growth and innovation, while with Amneal Pharmaceuticals co-founder and co-CEO Chintu Patel, he discussed investment opportunities in India’s pharmaceutical sector and avenues for deeper collaboration to boost innovation in India.

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