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The "Next Big Idea" seminars come to India

New delhi , Wed, 24 Apr 2013 ANI

New Delhi, Apr. 24 (ANI): A series of seminars to engage Indian Small and Medium Sized Enterprises (SMEs) interested in expanding operations into North America via Toronto, Ontario. The "Next Big Idea" seminars are scheduled to take place on May 6 and 7 in Ahmedabad and Pune, respectively.

The seminars will be offered free of charge and are open to all SMEs interested in learning about setting up an office in North America. All they need to do is to contact Preeti Sawhney: preeti.sawhney@international.gc.ca to register for the seminars.

Organised jointly by the Ontario International Marketing Centre in India and Invest Toronto, the seminars will guide Indian SMEs to set up operations in Toronto, access facilities and incentives, and also establish networks that will enable them to capitalize on global business opportunities from Toronto.

Invest Toronto is the organisation responsible for attracting inbound Foreign Direct Investment (FDI) into the city of Toronto and offers complimentary one-on-one consultations to businesses and site selectors making global business investment decisions.

"Indian companies such as ICICI bank, State Bank of India (SBI), Infosys, Gateway TechnoLabs, Mastek, Zylog Systems and Polaris have already made their foray into North America via offices in Toronto," said Aaron Rosland, Ontario's Senior Economic Officer in India.

Ontario is home to more than half a million Indo-Canadians, making it an ideal entry point into the North American market. Ontario has made India a priority market for commercial links.

Forbes.com recently named Ontario as a top destination for foreign direct investment in North America and gave the Province top rankings in various areas including job creation, tax reform and health care.

Ontario accounts for 38 percent of Canada's GDP, 35 percent of the country's industrial production and is home to 60 percent of Canada's foreign-controlled head offices.

Companies that do business in Ontario have access to a US$17 trillion marketplace under the North American Free trade Agreement, with 158 million consumers within a day's drive.

Ontario, Canada's business environment is designed for global success. Ontario is an efficient North American hub for international investment and trade. It offers direct access to the US$17+ trillion North American market; a multicultural workforce; streamlined regulations; a low-risk investment climate, competitive business costs, a great quality of life and more.

World leading companies in the automotive industry, aerospace, life sciences and biotech, ICT, water and wastewater technologies, financial services, mining and more have invested billions to start or expand their operations in Ontario. (ANI)


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