India is the world’s fastest-growing major economy: Canadian PM in Mumbai

Upon arriving in Indiarsquos financial capital Canadian Prime Minister Mark Carney accompanied by his wife Diana Fox Carney underscored the countryrsquos vast economic potential and described it as one of the worldrsquos fastestgrowing major economies reported ANITaking to the social media platform X at the start of his first official visit to India Carney highlighted the strategic significance of the trip for Canadarsquos economic future and bilateral engagementIndia is the worldrsquos fastestgrowing major economyWe just arrived in Mumbai to meet with business leaders mdash and forge partnerships that will unlock new opportunities for Canadian workers and businesses pictwittercomcBC33uqscdmdash Mark Carney MarkJCarney February 27 2026ldquoIndia is the worldrsquos fastestgrowing major economyrdquo he postedFocus on strengthening commercial partnerships Canadian PMThe Canadian leader accompanied by a highlevel delegation outlined his immediate agenda in Mumbai focusing on deepening commercial ties reported ANIldquoWe just arrived in Mumbai to meet business leaders and forge partnerships that will unlock new opportunities for Canadian workers and businessesrdquo he addedUpon arrival at the airport on Friday the delegation was received by Jaykumar Rawal Maharashtrarsquos Minister of Protocol and MarketingRandhir Jaiswal spokesperson for the Ministry of External Affairs MEA said the visit marks a significant milestone in strengthening bilateral tiesIndiaCanada ties set for renewed pushTaking to X Jaiswal wrote ldquoA warm welcome to Prime Minister Mark Carney of Canada as he arrives in Mumbai on his first official visit to India The visit marks a significant step in further strengthening IndiaCanada tiesrdquoHe added that the partnership is anchored in shared democratic values strong peopletopeople ties and expanding cooperation across diverse sectorsThis is the first visit by a Canadian head of government since the previous administration under Justin Trudeau a period during which bilateral relations faced challengesThe current visit signals renewed efforts to find common ground and enhance diplomatic and economic engagementCanadian PMO outlines Mumbai business meetingsAccording to a statement from the Canadian Prime Ministerrsquos Office Carney is scheduled to meet leading corporate executives in Mumbai before travelling to New Delhi on March 2 for talks with Prime Minister Narendra Modi reported ANIThe statement said the leaders will focus on expanding partnerships in trade energy technology and artificial intelligence talent and culture and defence Carney will also meet business leaders to identify investment opportunities and promote commercial partnershipsIn New Delhi he will participate in the IndiaCanada CEOsrsquo ForumThe Canadian PMO noted that India was Canadarsquos seventhlargest trading partner in 2024 with bilateral trade reaching USD 308 billionThe visit builds on discussions held at the G20 Summit in Johannesburg last November where Modi set a target of USD 50 billion in bilateral trade by 2030 the news agency reportedFollowing that meeting Modi wrote on X ldquoWe have set a target of USD 50 billion by 2030 for our bilateral trade Canadian pension funds are also showing keen interest in Indian companiesrdquoHe added that significant potential exists to further strengthen trade and investment tiesThe diplomatic engagement follows a recent meeting between Canadian Foreign Minister Anita Anand and External Affairs Minister S Jaishankar at the Munich Security Conference reported ANIA Canadian government release said it was their fifth meeting since September 2025 reflecting growing momentum in the relationshipMinister Anand affirmed the shared technological benefits and partnership opportunities for businesses industries and workers in both countriesBoth sides reiterated their commitment to expanding trade to support economic resilience and stabilityWith ANI inputs