In a major boost for India’s textile industry, the Apparel Export Promotion Council (AEPC) has welcomed the strengthening India-Canada relations and the resumption of Comprehensive Economic Partnership Agreement (CEPA) negotiations. This development could dramatically increase garment exports to the North American market.
Speaking on the prospects, AEPC Chairman Dr. A. Sakthivel projected that CEPA ratification might double exports to Canada—from the current $250 million—over the next three years. The agreement promises not just trade expansion but also surges in investments and employment opportunities.
Dr. Sakthivel described the pact as a robust platform to accelerate bilateral commerce and investment flows grounded in shared economic resilience. It will promote advancements in technology sharing, joint R&D, AI adoption, and automation, helping Indian apparel firms enhance productivity and compliance with international benchmarks.
AEPC applauded Prime Minister Mark Carney’s India visit, where he joined PM Narendra Modi at the CEO Forum, reiterating pledges for economic synergy and CEPA progress. The visit also saw the unveiling of a Strategic Energy Partnership, ensuring uranium supplies from Cameco for India’s nuclear needs through 2035.
“This collaboration opens doors for sustainable energy production, cementing India’s role as a responsible global sourcing destination,” the chairman added. Leaders emphasized skill-building and talent exchange to fortify interpersonal bonds.
Official talks addressed reinstating diplomatic presence to prior levels, with recent appointments like Dinesh K. Patnaik as High Commissioner marking steps toward normalcy. Government reports tie CEPA to ambitious goals of elevating trade volume beyond $70 billion by 2030, heralding a golden era for apparel exports.