December 16, 2016
ITAC Hosts 13 ICT Companies for India Mission
Accompanied Minister of Innovation, Science & Economic Development
Ottawa, ON – The Information Technology Association of Canada (ITAC) hosted a trade mission to India, November 6-11, 2016, with 13 Canadian ICT companies. In partnership with the Canadian Trade Commissioner Service and Global Opportunities for Associations (GOA), the mission accompanied Minister Navdeep Bains of the Department of Innovation, Science and Economic Development. Minister Bains and delegation helped to promote stronger business ties between Canada and India while emphasizing the need for sound immigration policies which create inclusive growth. Together, the message was delivered that Canada is open for business.
For ICT companies to grow, they need access to talent, capital and markets. In a relatively small economy like Canada’s, access to foreign markets is an absolutely imperative. Yet many companies find the move into the global marketplace challenging and costly. Each year, ITAC hosts foreign trade missions to help emerging Canadian ICT companies develop effective foreign business development strategies.
- ITAC led Minister Bains’ business delegation as he met with high level government and industry leaders within India. Mission traveled to Delhi, Bengaluru, Mumbai.
- Delhi– meetings with SME’s hosted by the India Canada Business Council (ICBC), briefing by KPMG on how Canadian companies can do business in India followed by a meeting between ITAC’s Indian counterpart, NASSCOM, with invited companies relevant to our delegation for B2B meetings. The day ended with an evening reception at Canada House with Minister Bains and Minister John McCallum who spoke about opportunities which exist from fostering stronger ties between India and Canada.
- Gurgaon: ITAC brought the business delegation with the Minister Bains to SOTI’s (delegate) campus in the city’s high tech hub. This facility shows how Canadian businesses can prosper by establishing chapters in India. The delegation met with the senior team of SOTI in India and representatives of Airtel and Maruti Suzuki. Minister Bains helped announce three new business deals between SOTI and client firms in India.
- Bangaluru: ITAC brought the Minister to Wipro, one of the largest Indian companies (150K employees) who do business in Canada. Met with Azim Premji, Chairman, Wipro Limited (Ranked 4th in Forbes, India’s 100 Richest People). The Wipro campus showcased cutting edge innovative technologies in artificial intelligence, health, marketing, online purchasing and more. The delegation was hosted by the Group CTO for participation in opportunities where Wipro would partner with our delegate companies to go to market with a joint solution. The group also visited Nasscom’s 10,000 Startup warehouse, a center that is host to some of India’s innovation leaders and companies.
- Mumbai: visit with Reliance JIO, one of India’s largest telecommunications companies. The Minister and his delegation visited the JIO campus which showcased local ingenuity and the rapid pace at which Reliance JIO is expanding. Known as “the word’s ‘fastest-growing technology firm’ after securing 52 MILLION phone contracts” the visit gave the delegation the opportunity to hear about the Canadian technology that was incorporated in the rollout of their network to-date as well as a presentation of future opportunities as they look to purchase $15B in goods and services over the coming years as India moves to digitize its economy.
“Under the leadership of the Prime Minister and Minister Bains, Canada is well positioned to enhance its position as a hub for global innovation. This mission again reinforced the strong ties Canada and India share, and showed first-hand the range of bilateral opportunities that exist between our two nations. On behalf of D2L, we thank the Minister, and the Prime Minister, for continuing to drive the innovation growth agenda, and for including us in the successful mission,” stated David Pryce, Vice President, D2L.
“We feel so fortunate to have had the opportunity to join ITAC, The Honourable Navdeep Bains and likeminded Canadian technology trailblazers in India last month,” said Satya Sarangi, President & CEO of TmaxSoft Canada. “Establishing strategic partnerships beyond our borders is not only crucial for the success of TmaxSoft in Canada, but is invaluable for innovation and sustainable growth in Canada’s technology industry.”
“SOTI was pleased to host Honourable Minister Navdeep Bains, High Commissioner Nadir Patel, and the ITAC delegation to our office in Gurgaon, India. The bilateral relationship and Canada-India collaboration in the ICT sector is critical, and as Canada’s leader in enterprise mobility management, SOTI is committed to promoting Canadian innovation abroad, which strengthens both economic and people-to-people ties. India is a mobile first market, and mobility is core to SOTI’s DNA. According to market research firm IDC, India-based consumers will purchase an estimated 139 million phones this coming year, but nearly all will be low-cost Android handsets, many of which cost under $150. The smartphone market in India continues to grow, with a growth rate of 29.5 percent from 2015 to 2016. SOTI’s leadership in Android management, and global partnerships with the largest number of global Android OEM’s have allowed the company to work closely with India’s top hardware manufacturers. This market differentiation was a large focus of the ITAC mission stop to SOTI’s Indian office – sharing lessons learned and market experience to companies looking to scale their Canadian business for growth in the global marketplace,” stated Carl Rodrigues, President & CEO, SOTI.
“Wipro shares long standing relationships of mutual respect and trust with leading Canadian businesses. Our intimate knowledge of the local market combined with our global experience allow us to help our clients achieve their desired outcomes. Wipro reaffirms its commitment to support Canada’s economic growth and its keen interest in engaging closely with the local communities,” said K.R. Sanjiv, Chief Technology Officer, Wipro Ltd.
As Canada’s national ICT business association, the Information Technology Association of Canada (ITAC) champions the development of a robust and sustainable digital economy in Canada. A vital connection between business and government, we provide our members with the advocacy, networking and professional development services that help them to thrive nationally and compete globally. A prominent advocate for the expansion of Canada’s innovative capacity, ITAC encourages technology adoption to capitalize on productivity and performance opportunities across all sectors.