...
...
Next Story

India House to be set up in Canada

The proposed centre will help accelerate trade and investment between both countries.

Updated on: Jul 23, 2006 10:10 AM IST
None | By , Toronto
Prefer HTon Google
Advertisement

The Indo-Canada Chamber of Commerce (ICCC) has raised $1,30,000 to set up an 'India House' in Canada's financial capital Toronto, which would help accelerate trade and investment between both countries.

HT Image
HT Image

"The proposed centre would encourage Indo-Canadians to become partners in the progress of India and also help them in distress," ICCC president Ajit Khanna said after presenting the awards at the 8th Annual Golf Classic Tournament on Saturday.

The centre would promote India in Canada and provide assistance to Non-Resident Indians who wish to invest in or contribute in some way to the economic development of India, Khanna said.

"We are discussing the proposal with various Indian businesses, tourism, banking, air carrier and other organisations: both in public and private sector so that overseas Indians or Canadians who wish to invest in India could get information at one place, and could take advantage of India's liberalised regime," he said.

Anil Shah, the chief organiser of the event who mooted this idea three years back, said the centre would act as an "information and cultural hub" and provide a "sense of self respect and identity" to the Indo-Canadian community.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe