With visits to four cities in five days, this is going to be one busy week for Invest Ottawa’s CEO Bruce Lazenby and the rest of the Ontario delegation.
On Sunday January 31st, the Ontario delegation embarked on a trade mission to the world’s largest democracy. Not wasting any time, $98 million worth of partnership agreements were announced on day 1 of the mission. Led by Premier Kathleen Wynne, the delegation to India consists of Liberal MPPs, municipal leaders, representatives from post-secondary institutions, as well as several business leaders. Among these business leaders are Ottawa-based companies like Solantro Semiconductor Corp., Clearford Water Management Inc., CCI and our very own Bruce Lazenby.
Been to the gym, showered, got two hours of email done before sunrise over Delhi. Jetlag can be productive. pic.twitter.com/SEMvuWIjvQ
— Bruce Lazenby (@BruceLazenby) February 2, 2016
India is the fastest emerging economy in the world today and represents tremendous opportunities for Ottawa companies. It is also a market that requires a fair degree of relationship building to forge trust and demonstrate serious intent. Organized outbound missions, undertaken in conjunction with the Province or the mayor’s office, help to open doors and establish credibility much faster than venturing into this vast market on your own.
The delegation is hoping to make the perfect fit between the two parties. With a wide range of international business expertise, Invest Ottawa will be a key piece of that puzzle. Our services aim to help Ottawa-based companies expand overseas and introduce foreign companies to Canada’s capital.
“Bottom line, the world is a competitive place and if we want to sell to some of the biggest companies in the biggest countries, you have to go and see them. Sales don’t happen by staying home and wishing.”
– Bruce Lazenby, President and CEO Invest Ottawa
— HuffPost Canada (@HuffPostCanada) January 26, 2016
— Kathleen Wynne (@Kathleen_Wynne) January 30, 2016
Starting the mission in New Dehli, the delegation will continue its travels through Chandigarh to Hyderabad and finish up in Mumbai, the heart of Bollywood. The goal of this mission is to strengthen economic, political and cultural ties with the world’s third-largest economy.
Throughout all four cities, the delegation plans to formalize agreements and memorandums of understanding within the research, infrastructure, technology, science and health sectors. After saying 2016 could be “the year of Canada and India”, Premier Wynne will also meet with political and cultural leaders to build new relationships, strengthen existing ones and examine areas for future cooperation.
Attracting new investment and helping the province’s businesses compete globally is part of the government’s plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs.
You can read more about the mission from the Ontario Government’s press release.