Canadian n-firms visiting India for business

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SME Times News Bureau | 28 Nov, 2013
The Organization of Canadian Nuclear Industries (OCI) and a delegation of leading Canadian companies will be visiting Mumbai this week to discuss potential business opportunities for Canada's nuclear industry.

The visit will be in cooperation with the Ontario ministry of economic development, trade and employment and the High Commission of Canada, an official statement said in Ottawa.

The growing demand for high quality services and equipment in India's nuclear energy sector represents a promising export market for Canadian nuclear suppliers, notably in Ontario.

Joining the OCI on the trade mission are nine companies that manufacture specialised nuclear equipment and provide unique engineering services.

The private-sector delegates are also being joined by representatives from Ontario Power Generation, Atomic Energy of Canada Limited and the Canadian Nuclear Safety Commission, the statement said.

"The Canadian team in Mumbai this week reflects the strong collaboration among industry, provincial and federal governments in bringing the full spectrum of Canadian nuclear energy capability to the world stage," said OCI president Ron Oberth.

The trade mission will provide Canadian suppliers with unique insights into potential opportunities in India through meetings and events arranged by the High Commission of Canada in India.

These would include a high level business forum in Mumbai hosted by the Canada-India Business Council Nov 29, the statement said.

The OCI is an association of 185 leading Canadian suppliers to the nuclear industry in Canada and the international marketplace.

Canada had announced Sep 30 the coming into force of a nuclear cooperation agreement with India, which would permit Canadian companies to reach the Indian market for Canadian uranium, nuclear technology, services and equipment.

India and Canada had signed a civil nuclear cooperation agreement in 2010.