New Delhi, March 2 — Prime Minister Narendra Modi outlined five priority areas to deepen India-Canada cooperation: clean energy and critical minerals, infrastructure and capital partnerships, artificial intelligence, manufacturing and technology, and food processing.
On clean energy, Modi noted growing collaboration in nuclear energy and a long-term uranium supply, citing positive remarks from Cameco’s CEO. He urged joint work on small modular reactors, advanced reactors and the broader nuclear value chain, and stressed building resilient supply chains for critical minerals by combining Canadian innovation with India’s capacity to scale batteries and energy storage.
The second priority is infrastructure and capital partnership. Modi highlighted a record $130 billion infrastructure allocation in this year’s budget and the National Infrastructure Pipeline’s $1.3 trillion investment. Pointing to Canada’s deepening financial ties—Canada’s pension funds have invested $100 billion in India—he invited Canadian investors to participate in India’s infrastructure growth.
Third, on AI, Modi proposed collaboration to create joint AI compute corridors and AI innovation sandboxes for startups to spur next-generation digital capabilities.
Fourth, in manufacturing and technology, he suggested strengthening global value chains in electronics, aerospace and engineering by pairing Canada’s technology with India’s scale.
Fifth, on food processing, Modi pointed to rapidly expanding mega food parks, cold chains and food testing labs in India as opportunities for mutually beneficial cooperation.
Earlier on Monday, India and Canada launched a Strategic Energy Partnership to expand bilateral energy trade and deepen cooperation across clean energy, critical minerals and nuclear sectors. Delivering a joint statement with Modi, Canadian Prime Minister Mark Carney described the partnership as the start of a new phase in ties with “generational opportunities.” He noted India’s energy demand is projected to double by 2040, that India aims to add 500 GW of renewable capacity by the end of the decade, and plans to nearly double the share of LNG in its primary energy mix. Carney said Canada’s resource base and competitive companies make it a strategic partner for India’s clean technology, manufacturing and nuclear ambitions. (ANI)
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