Canada sees scope for more investments in India after Fairfax-IDBI bank deal: Minister Sidhu
Mumbai, Oct. 14 -- Canada's Minister of International Trade, Maninder Sidhu, has welcomed the investment potential between India and Canada, highlighting the role of Canadian companies, institutions and pension funds in India's infrastructure development, following the Union Cabinet's approval of the strategic sale and restructuring of IDBI Bank to Canada's Fairfax Financial Holdings.
Emphasising the importance of bilateral investments, Sidhu told ANI in an exclusive interview that Canada has invested close to USD 107 billion in India and sees significant scope to expand its presence across key sectors, including infrastructure, aviation, energy and critical minerals.
"We have a great deal of respect for Fairfax and Mr Prem Watsa for wh...
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