TORONTO (Diya TV) — The Canada-India Business Council (C-IBC) has announced the expansion of its Advisory Council. This move comes shortly after Indian Prime Minister Narendra Modi visited Canada for the G7 Summit. Canadian Prime Minister Mark Carney invited Modi to the global meeting, signaling a new chapter in Canada–India relations.
The C-IBC’s announcement arrives at a critical moment. In recent years, relations between Canada and India have faced several challenges. But the high-profile visit by Modi is seen as a turning point. Leaders from both countries are now showing renewed interest in rebuilding trust and growing trade and investment ties.
Victor Thomas, President and CEO of C-IBC, said the visit marks a “pivotal moment” in the bilateral relationship. “Expanding the Advisory to include accomplished Indian business leaders will deepen our collective understanding of high-growth sectors and drive meaningful cross-border collaboration,” Thomas said.
The expanded Advisory Council includes top executives and global leaders from a wide range of industries. These experts bring sector-specific knowledge that will help shape C-IBC’s strategic direction. Their insights will support the Council’s mission to boost trade and investment between Canada and India. Originally formed four years ago, the Advisory Council has played a key role in guiding C-IBC’s policy and advocacy work.
With the new additions, the Council now aims to take a more active role in helping Canadian businesses enter or expand in the Indian market. Thomas emphasized India’s rise as a global economic force. “India’s trajectory toward becoming the world’s third-largest economy requires that Canadian businesses seriously consider diversifying toward this significant growth market,” he said. The Canada-India Business Council hopes the expanded Advisory will strengthen the economic corridor between the two countries.
By building stronger commercial partnerships, the Council wants to create more opportunities for companies in both nations. This strategy comes as both countries look to reduce their reliance on traditional trade partners. Canada is seeking new markets amid shifting global supply chains. At the same time, India is focusing on increasing foreign investment and promoting innovation.
The inclusion of more Indian business leaders on the Advisory Council reflects C-IBC’s commitment to understanding both markets more deeply. Their voices will help shape future projects and policies aimed at creating long-term economic benefits. The announcement also reflects broader trends in Canada–India trade. In recent years, trade volumes between the two countries have increased, with a focus on sectors such as technology, education, clean energy, and infrastructure.
C-IBC believes this is the right time to build on that momentum. By expanding its Advisory Council, the organization is better positioned to support businesses that want to enter or grow in each other’s markets. The Council’s efforts align with national goals in both countries. Canada wants to diversify its trade portfolio, while India is working to become a global hub for manufacturing, services, and technology.
As diplomatic ties stabilize, both governments are showing a clear interest in deeper economic cooperation. The G7 Summit meeting between Modi and Carney highlights a mutual desire to move forward. C-IBC’s expanded Advisory Council represents a proactive step in that direction. With new voices and expert guidance, the organization is preparing to lead efforts that will strengthen commercial relationships between Canada and India.
For Canadian businesses, this could mean more access to one of the world’s fastest-growing economies. For Indian companies, it may open new doors in the North American market. With a shared commitment to innovation, growth, and collaboration, both nations appear ready to seize this opportunity and redefine their economic partnership for the future.