<ul data-eligibleForWebStory="true"><li>India's bilateral trade in goods with Canada reached $9.8 billion in 2024, with India exporting $5.9 billion and importing $3.9 billion.</li><li>Bilateral services trade between India and Canada stood at $13.7 billion in 2024, with India exporting services worth $2.58 billion.</li><li>Over 600 Canadian companies operate in India, while Indian companies are active in Canada in various sectors.</li><li>India's pharmaceutical exports to Canada increased by 20.4% in 2024 to $511.79 million.</li><li>Key Indian drugmakers like Dr. Reddy's, Sun Pharma, and Cipla have strengthened their presence in Canada.</li><li>India exported $225.91 million worth of organic chemicals to Canada in 2024.</li><li>Canada remains a key supplier of raw materials like potash to India, with imports seeing a decline from April to December 2024.</li><li>Indian firms like Coromandel International and Chambal Fertilizers have agreements with Canadian exporters for potash supply.</li></ul>

Pharma, Chemicals Drive India’s $5.9 Billion Exports To Canada In 2024

Discover more