From Rockets to Resources: Expanding Indo-Canadian Economic Ties

New Delhi, 13 October – The high‑level space agency meeting this month is expected to accelerate joint initiatives.

Canada’s aerospace presence and India’s private launch sector provide a solid base for collaboration. Canada, the fourth‑largest oil producer, made its first oil export to India in 2024 ($15 million), a fraction of India’s $150 billion yearly import.

All 32 critical minerals identified by India are found in Canada, yet trade is limited. Enhancing mining and logistics could unlock significant volumes.