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ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada .org.inDELHI | MAHARASHTRA | GUJARAT | BENGALARU | KOLK ATA
JULY to AUGUST 2015
On November 1, 2015, Air Canada is launching its new Toronto-
New Delhi service. The first flight will arrive the evening of
November 2 and marks a noteworthy step in facilitating
business relationships and promoting increased trade by
connecting both countries’ largest urban centres. In light of
this important development, and in conjunction with the
arrival of the flight, ICBC interviewed Mr. Gary Cross, Senior
Director Global Sales (International), Air Canada, in New Delhi.
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The Wait is over! New Delhi Gears to Welcome the Non-Stop Air Canada Flight this fall
Excerpts from the interview below –
ICBC: Travellers in India and Canada are
excited about Air Canada resuming its
Toronto-Delhi-Toronto non-stop flight
after a gap of 7 years. What’s new and
different for the passengers this time?
Gary: Its the hard work of an excellent
India team of Air Canada, who left
no stone unturned to make this a
reality again. The renewal process
took this long; hence, the efforts
can’t be underestimated. We have a
new version Dreamliner 787-900 built
for a route like India.. A green plane,
resolving the payload problem, new
class configuration are some of the
features of this plane which bring
newness to the whole experience of
flying in a new aircraft. Integrating with
all this is serving to the travel needs
of the passengers flying to various
destinations in North America. The
transit process in Toronto ensures
seamlessly transiting to US by clearing
US immigration in Canada. This also
means you easily make it to the
Domestic connections and arrivals and
to all first connections in Air Canada’s
network. The Toronto bound flight
arrives at 5am . Canada is now certainly
closer than ever before to the Indian
market and at the right time with a
right aircraft.
ICBC: A highly productive visit of PM
NarendraModi to Canada indicates
elevating bilateral relationship to a
strategic partnership through various
important initiatives. How do you view
this in the context of Air Canada’s flight
renewal with New Delhi and how will
it foster trade and commerce between
the two nations?
Gary: PM Modi’s visit and his presence
in Canada was by far the most powerful
message in itself. The tipping point
of this exchange of dialogue has
been the renewed optimism and
confidence in Canada and India’s
business environment. For Canadian’s
Visa-on arrival will open doors in a
big way to promote the ongoing
efforts of increasing bilateral trade
and commerce and multi-cultural
exchanges. Canada feels that India
has a competitive market and the
prospects of expanding investment
and business opportunities offers
great advantages to the communities
Gary Cross
ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada .org.in
Interviewer – Pikee Sharma, Manager Coordination & Communication, Delhi Regional Council, ICBC.
of both the countries. Canada is a
home to abundant natural resources
and leads in sectors like energy,
education, engineering, infrastructure,
manufacturing, agriculture, banking
and finance. India has great traditions
and family values and from business
point of view it definitely represents
tremendous opportunities for Canadian
companies. We believe that this is
an opportune time to realise true
commercial potential from each side.
ICBC: It cannot be denied that the
wide use of the Internet has opened
many Online Ticketing opportunities for
everyone from around the world. What
are Air Canada’s plans on promoting
online bookings?
Gary: Today the Internet is a far easier
option for customers to purchase airline
tickets and gone are the days when
travellers settled on a single fare when
booking flights. The advantages range
from quick and easy ways to book
online and print boarding passes at
home. Being an airline, we do recognise
the fact that 70% of the bookings are
done through online channels. In India,
people still prefer to visit a travel agent
who helps tremendously in resolving
issues like obtaining visa and managing
different itineraries. Air Canada has
its own website offering all kinds of
information related to travel, fares,
holiday packages etc. and, of course,
extending ease of ticketing. We have
tie-ups with agencies like makemytrip.
com, cleartrip.com, Expedia and Yatra to
help passengers book through various
online portals using CCs from VISA,
Mastercard and AMEX.
ICBC: The AC flight will be operating 4
times a week. Any plans of establishing
connectivity with other big cities
of India to diversify the routing
and increasing the frequency of its
operation?
Gary: Yes, the flight will operate 4
times a week. We do plan to start daily
service from October 2016 onward,
another ambitious part of the plan.
Again, here we look at increasing
the aircraft availability to cater to the
demand that results from the launch
in November and afterwards. In fact,
Mumbai is another point we hope to
target soon depending on the success
of Delhi-Toronto sector.
ICBC: Lastly, given your experience of
working with the STAR Alliance, how
helpful it would be for Air Canada
to broaden its horizons in the Indian
market?
Gary: The flight’s arrival in November
this will give us the chance to carve
more connection opportunities
across other cities through codeshare
agreements with STAR partner - Air
India, Lufthansa and Swiss (latter
two being our Trans Atlantic Joint
Venture Partners) and with Jet Airways.
Middle-East is another market that
offers great potential for more viable
connection options and Dubai is a new
destination where Air Canada at the
same time as India start 3 flights a week
Toronto-Dubai-Toronto. All this is in the
pipeline with an objective to maximise
connections and increasing the number
of red-eye flights.
Gary Cross, Pikee Sharma & Arun Pandeya, Country GM-India, Air Canada
ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada .org.in
On the occasion of the Launch of Industrial Mission of Andhra Pradesh at Visakhapatnam on 29th April 2015, there was a one-on-
one meeting of Canadian companies and Mr. Sidney Frank, Counsel General of Canada with Hon’ble Chief Minister Chandrababu
Naidu facilitated by Ms. Nadira Hamid, CEO, Indo-Canadian Business Chamber. The Hon’ble Chief Minister chose Dr. P. Krishnaiah
to be the contact person from the Andhra Pradesh Government and it was decided that Ms. Nadira Hamid, from ICBC would be
the point of contact for representing the Canadian Companies.
The discussions resulted in setting up of a Consortium of all the Canadian Companies led by Dr. M.P. Raju, Managing Director
of LEA Associates South Asia Pvt. Ltd. This was followed by a high-profile Roundtable
between the Canadian Companies, facilitated by ICBC and Canadian High Commission
in New Delhi on 16th July 2015. Dr. P. Krishnaiah, IAS (Retd.) Executive Chairman, APIIC,
explained the opportunities in the state in general and the Tricity area in particularly the
two developmental corridors presently happening in Andhra Pradesh with external aid
namely VCIC and CBIC. LEA Associates South Asia Pvt. Ltd gave a presentation elucidating
the scope of developing Tricity region and about the competence and experience of the
Canadian Companies.
Connecting with the High Commission of Canada
ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada .org.in
Events Roundtables/
Meetings @ ICBC
DELHI REGIONAL COUNCIL
7th July 2015 :
DRC Board Meeting, DRC Annual General Meeting and Farewell to Ms. Rosaline Kwan, Senior Trade Commissioner (Northern India) & Deputy Commercial Programme Manager
Delhi Regional Council organized its
quarterly Board Meeting and Annual
General Meeting on 7th July 2015
at Club Canada, High Commission
of Canada. The meetings witnessed
sharing and discussion of
DRC’s performance,
challenges and
achievements in the FY 2014-2015.
ICBC also bade farewell to Ms. Rosaline
Kwan, Senior Trade Commissioner
(Northern India) & Deputy Commercial
Programme Manager, who served as
the Ex-Officio of Delhi Regional Council
Board. Ms. Nadira Hamid extended her
heartfelt thanks to Ms. Kwan for her
unwavering support and commitment
and wished her success in her future
posting. Ms Kwan said, “I can’t believe
time flies so fast! I would like to take this
opportunity to simply thank all of you
for high quality service and excellent
performance.”
16th July 2015Third Thursday Connect
ICBC organised her Third Thursday
Connect on July 16th, 2015 at Taj
Mahal Hotel, New Delhi. Mr. John
McCullough, Regional Director – Asia,
The Micronutrient Initiative, was the
Guest of Honour at the event. As
Regional Director Asia, John seeks
to lead and coordinate MI staff in 6
countries to make a significant impact
on the lives of vulnerable women
and children through working in
collaboration with governments, the
private sector and other agencies, to
reduce micronutrient deficiencies. The
Connect was well attended by guests,
including Mr. Jess Dutton, Deputy High
Commissioner of Canada to India and
esteemed members of the ICBC. The
opening remarks were made by Mr.
Peter ter Weeme, Chairperson Delhi
Regional Council and Partner, Junxion
Strategy. The evening saw whole
hearted participation by all, leading to
productive discussion on the issues of
health and nutrition amongst women
and children in India.
21st August 2015Third Thursday Connect
ICBC organised her Third Thursday
Connect on August 21st, 2015 at Taj
Mahal Hotel, New Delhi. His Excellency,
Nadir Patel, High Commissioner for
Canada to India and Mr. Brian Parrott,
Minister Commercial, High Commission
of Canada interacted with ICBC
members (new and existing) and
guests and provided valuable insights
on the current state of Canada-India
economic relations.
BANGALORE REGIONAL COUNCIL
Canadian Government confers Award of Excellence to Mr. Vittal Nath, Trade Commissioner, Consulate General of Canada, Bangalore
ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada .org.in
The Indo- Canadian Business
Chamber, Bangalore Regional Council
in association with the Consulate
General of Canada, Bangalore hosted
an interactive session on Managing
People on Friday, 24th July’ 2015 at the
MPR, Consulate General of Canada,
Bangalore. Mr. Cheenu Srinivasan,
Happiness Coach, Use Time Pvt Ltd
conducted the session on Managing
People.
12th August 2015 knowledge session on Social Security Agreement presented by KPMG
The Indo- Canadian Business Chamber,
Bangalore Regional Council, in
association with the Consulate General
of Canada, Bangalore and KPMG
conducted a knowledge session
on Social Security Agreement on
Wednesday, August 12th, 2015. Mr.
Surendra Pareek, Partner, KPMG Tax
Practice and Mr. Rambir Dalal, Director,
KPMG Tax Practice (ex-Regional PF
Commissioner) who has about two
decades of experience in Social Security
related matters were the speakers for
the session.
MAHARASHTRA REGIONAL COUNCIL
Farewell Dinner for Richard Bale, Consul General, at Rontu Basu’s residence attended by Board Members of the Maharashtra Regional Council, ICBC & friends of CanadaMr Richard Bale Consul General
Mumbai recently moved to his new
posting in Vietnam after completing
a 30 month stint. A farewell dinner
for around 30 people was hosted by
Rontu Basu-Immediate Past President
ICBC, at his residence in honour of Mr
Richard Bale, where other attendees
from the Consulate, included Mark
Scullion, Acting Consul General & Senior
Trade Commissioner. The evening was
attended by Board Members of the
Maharashtra Regional Council, ICBC
and other senior representatives of
Canadian companies, like Harlequin,
Fairbridge Capital etc. Rontu Basu in his
remarks, praised Mr Bale, as being one
of the most approachable & business
minded Consul Generals, with a deep
curiosity & appreciation about Indian
culture, history & business. A farewell
gift was presented to Mr Bale, by Ms
Kashmira Mewawala, Board Member
& Head Business Development of Tata
Capital, on behalf of ICBC. Mr Bale in his
remarks was deeply appreciative about
ICBC’s role in promoting economic
engagement between India & Canada.
Mr. Vittal Nath received Foreign Affairs,
Trade and Development Canada
(DFATD) Deputy Ministers’ Award of
Excellence for ‘Life Time Achievement’,
the first comprehensive Awards and
Recognition Program launched in 2015.
Mr. Nath joined the department in 1990
in Mumbai Consulate, where he worked
until he was transferred to Bangalore
in 1996 to establish the new Canadian
Government Trade Office. Over the
years he contributed significantly to
promote Canada- India trade relations
and in establishing the ICBC Bangalore
Regional Council. Mr. Nath was the
first recipient of LES award instituted
in India recognizing him as the top
performer from among approximately
350 employees in India and Nepal. In
2010, he received excellence award
for outstanding performance and
contribution over an extended period
of time. In 2011, he was the first co-
recipient of the Ken Sunquist Award
for Service Excellence in International
Trade, amongst the many very strong
nominations received globally. In 2014,
he received LES award in recognition of
outstanding leadership to advance the
Government of Canada’s objectives.
24th July 2015 Interactive Session on Managing People
ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada .org.in
Narayanan Ramaswamy,Partner and National Leader for Education and Skilling Sector, KPMG India
For more information, contact:[email protected]
Indian education sector: A seizing opportunity for Canadian educational institutes
With an explosion in the demand for higher education in India, Indian educational
institutes (IEI) have started to engage and collaborate with those overseas to
increase access and quality. Some forms of collaboration include twinning
programmes, research collaborations, joint degrees and probable branch campuses.
Twinning programmes enable Indian students to spend half of their time in Indian
colleges, and the other half in foreign educational institutes (FEI). This programme
promises a foreign university degree, making it more attractive amongst the student
community, and a lucrative situation for Indian students, as well as FEIs and IEIs.
Students have access to a wide range of programmes, valuable degrees, lower
tuition fee compared to studying abroad, better employment opportunities and an
opportunity to transfer with credits to a foreign university for further education. On
the other hand, educational institutes overseas can expect to receive well-prepared
students, productive joint research projects, at minimal investment and increased
income. Indian institutes could gain in terms of increased access, new programmes,
courses and curriculum, adding a global perspective.
The concept of twinning programmes gained popularity in the mid-1990s.
According to a study conducted by the Association of Indian Universities, there has
been an upswing of foreign education providers in India; from a strength of 144
in 2000 to 631 in 2010. Of these, 49 are operating under twinning arrangements.
In an attempt to bring out the best of both worlds together, getting a leading
education at a price lesser than that of a conventional foreign degree, the United
Grants Commission (UGC) enacted the Promotion and Maintenance of Standards
of Academic Collaboration between Indian and Foreign Educational Institutions
Regulations, 2012 on 21 September 2013. These guidelines apply to non-technical
and private Indian colleges offering such programmes.
Among the various opportunities provided under these programmes, Canada is
one country which offers work permit to students, allowing them to work for a year
while they study to support their basic needs. Students are also eligible to apply for
residency in Canada after completion, hence, attracting students and encouraging
them to join the twinning course offered by Canada in India.
A leading Canadian University’s School of Business has partnered with a Mumbai
based Management and Research Institute, and the Education venture of a leading
Infrastructure company in Hydreabad. Recently, the institute also opened a new
campus for an MBA in India with the help of the twining programme in Hyderabad.
Such initiatives by one of the most reputed business schools across the globe is an
indication that India’s higher education sector, especially the twinning programme,
is gaining significant momentum. Other than MBA programmes, IEIs, are offering
the same programmes in engineering as well, giving a wider scope of participation
ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada .org.in
for foreign universities to propose such programmes, courses and curriculum across
various subjects in higher education.
India is an excellent market, with roughly 50 percent of the country’s population
under 25 years of age. As one of the fastest growing economies that is expected to
be the world’s third largest economy in the coming decades, FEIs, especially those in
Canada, have a huge potential in India’s higher education sector.
With the recently launched ‘Skill Development’ initiative gaining momentum in
India, foreign countries are also utilising various opportunities this mission has to
offer them, and vice-versa. The National Skill Development Corporation has been
given the target to train 150 million Indians by 2022, enabling FEIs to play a bigger
role in achieving this target.
A recent visit of Prime Minister Narendra Modi to Canada has provided a platform
for the signing of 13 memorandum of understanding (MoUs) between Canada
and Indian educators, aimed at India’s massive skills training requirements and the
country’s goal of training 500 million people by 2022. Some of the leading Canadian
institutions who have entered into MoUs include Algonquin College, Bow Valley
College, Camosun College, Canadore College, College of New Caledonia, Durham
College, Fanshawe College, Fleming College, Seneca College, and Southern Alberta
Institute of Technology. Sectors to be focussed on will include architecture, apparel
and textiles, automotive, aviation, construction, green economy, water, healthcare,
hydrocarbons, IT, telecommunications and electronics, and sports.
As India embarks on an ambitious education reform, such new framework for
collaboration is likely to pave the way for initiatives pertaining to curriculum
development, teaching and learning, resource development, occupational
standards, testing and certification, and labour market reforms. Given the vast
experience, expertise and strong reputation that Canada is blessed with, such
collaborations could revitalise the Indian economy, boost job creation by matching
the skills of India’s workforce to employers’ needs.
In the education sector, India has emerged as one of the world’s most expansive
education systems. With the wave of vocational education and training in the
country, collaborations with foreign colleges can help India overcome challenges
of inadequate infrastructure and shortage of job offers. Collaborations in higher
education are likely to further enable the country to provide globally relevant
curriculum to its students and better employment opportunities, in turn, improving
the country’s growth prospects.
ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada .org.in
Anand Choksi, Founder & Business Owner, RE/MAX ADVANTAGE is a “Certified Professional Realtor” accredited by ACRI (Association of Certified Realtors of India). He has worked with multinational and fortune 500 organizations in India and Canada and has a total work experience of more than 14 years in different management & sales positions. He has been a visionary and a protagonist in growing RE/MAX ADVANTAGE leaps and bounds in a span of 4 years and believes in providing 100% customer centric, transparent and professional services and has mentored and grown more than 70 Real Estate professionals in RE/MAX. Mr. Choksi has been instrumental in around 1400 transactions, established builder tie-ups and taken exclusivity for many projects in Ahmedabad.
Sanjeev Jain is a practicing CA from last 20 years in the field of Direct and Indirect taxes with an arm of outsourcing Company (Megasoft) in the field of Payroll, HRIS and related matters. Megasoft has international operations in Singapore, Australia, Hong Kong, Dubai and Bangladesh etc.
New Member Updates
Anand Choksi Founder & Business Owner, RE/MAX ADVANTAGE
Sanjeev Kumar Jain MD & CEO, Megasoft Solutions India Pvt. Ltd.
ICBC Mission - To strengthen, promote and foster bilateral trade, commerce, and economic relations between India and Canada
On the Horizon
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Rashmi Mallick Manager, Finance & AdminEmail: [email protected]
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Pikee Sharma Manager, Coordination & Communication, Delhi Regional CouncilEmail: [email protected]
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