India-Canada Bilateral Trade Relations: Trends, Opportunities, and the Path to CEPA
India-Canada bilateral trade reached CAD 30.9 billion in 2024 but remains underutilized. Despite 2023 diplomatic tensions, economic ties proved resilient. A proposed Comprehensive Economic Partnership Agreement (CEPA) could add CAD 8.8 billion in trade by 2035. Priority sectors include pharmaceuticals, critical minerals, agriculture, IT services, and clean energy, offering mutual strategic benefits.