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India and Canada aim to boost trade and collaboration in clean energy, AI, and critical minerals, targeting a doubling of bilateral trade by 2030.
India and Canada are poised to deepen economic ties in critical minerals, clean energy, AI, and quantum computing, Commerce Minister Piyush Goyal said at a New Delhi event on November 24, 2025. He highlighted India’s 500-gigawatt grid, 250 gigawatts of clean energy, and plans to double renewables by 2030, making it a strong hub for data centers. Goyal emphasized India’s STEM talent pool and growing trade—$23 billion in 2024, up 10%—and called for renewed business engagement, including reactivating the India-Canada CEO Forum and advancing partnerships in key sectors. High-level talks between PM Modi and Canadian PM Mark Carney have set the stage for a comprehensive economic deal and a goal to double trade by 2030.