Mumbai: Canada's Minister of International Trade, Maninder Sidhu, has welcomed the investment potential between India and Canada, highlighting the role of Canadian companies, institutions and pension funds in India's infrastructure development, following the Union Cabinet's approval of the strategic sale and restructuring of IDBI Bank to Canada's Fairfax Financial Holdings.
Emphasising the importance of bilateral investments, Sidhu told in an exclusive interview that Canada has invested close to USD 107 billion in India and sees significant scope to expand its presence across key sectors, including infrastructure, aviation, energy and critical minerals.
