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Friday, October 11, 2013. Role of Indo Canada Chamber of Commerce in the Economic Integration of Indo-Canadians Presentation by Naval Bajaj President,

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Presentation on theme: "Friday, October 11, 2013. Role of Indo Canada Chamber of Commerce in the Economic Integration of Indo-Canadians Presentation by Naval Bajaj President,"— Presentation transcript:

1 Friday, October 11, 2013. Role of Indo Canada Chamber of Commerce in the Economic Integration of Indo-Canadians Presentation by Naval Bajaj President, Indo-Canada Chamber of Commerce At conference on Indo-Canadians: Dimensions of Economic Integration

2 Overview of ICCC 36-year-old Canadian business organization Oldest & largest business and Diaspora organization of Canadians of Indian origin Fosters bilateral economic relations between Canada & India Creates business & professional opportunities for the Indian Diaspora Promotes small businesses & facilitates their entry into global markets Organize B2B meetings, workshops, interactive sessions, business receptions & networking events with decision makers, corporate leaders, entrepreneurs, government officials, representatives of chambers of commerce, & industry associations

3 Our members Mostly Canadians of Indian origin Largely, first-generation immigrants Burgeoning membership amongst newcomers Small business entrepreneurs & professionals Young professionals What do they seek? Opportunities to expand business & professional networks Integrate with the Canadian mainstream Gain competitive edge by gaining access to global markets Stay focussed on suburban roots

4 Our focus Immigrants from India turn to entrepreneurship in Canada soon after their settlement because of lack of appropriate employment opportunities that match their experience & skills ICCC helps small business to enlarge their professional networks, introduce them to mainstream business opportunities, interact with professional & government organizations, & help them acquire competitive edge through globalization

5 ICCC & Small Businesses – 1 Canada: Small businesses account for 45% of GDP, 75% of net employment growth, and 60% of all jobs India: Small businesses account for 20% of India's GDP, 65 million jobs and 45% of manufacturing & exports Small businesses resist downturns, stabilize employment & income levels Success of large corporations dependent on small businesses Successful job creators & & wealth generators Macro picture:

6 Small businesses: Manufacturing Food processing Aerospace Automotive industries Business services Clean technology Digital media IT ICCC & Small Businesses – 2 Professions: Accountancy Financial Services Law Academics Professional Services Life sciences Tourism Composition of ICCC’s small business & professional members

7 Customized and general programs to help small business build linkages with suburban cities – these cities are centre of small businesses (Mississauga, Brampton, Markham, Chatham-Kent, Calgary) Create platforms for small businesses such as a Hard Hats tour at an established & successful business owned & operated by a Canadian of Indian origin (visits to Metro Labels, Novo Plastics, Hans Dairy, etc.) ICCC & Small Businesses – 3 What we do for small businesses?

8 Interactive sessions with Export Development Canada, pre-budget & CEPA consultations with federal & provincial governments, showcasing of opportunities by municipalities Annual India Missions focussed on exploring business opportunities – India Mission 2013 was largest-ever Canadian business delegation with 200 small business owners participating (visit to 8 cities: (Mumbai, Bengaluru, Kochi, Ahmedabad, Gandhinagar, New Delhi, Amritsar & Jalandhar) ICCC & Small Businesses – 4 What we do for small businesses? - continued

9 ICCC will be leading India 2014 focussing on: Agriculture & Agri-food Education Energy Infrastructure ICCC & Small Businesses – 5 What we do for small businesses? - continued

10 ICCC & Indian Diaspora in Canada ICCC believes Indo-Canadians need to integrate into the Canadian mainstream & works to promote this objective To meet this need, in June 2011, ICCC & Government of India organized a global convention of the Indian Diaspora with a theme of Building Bridges: Positioning Strategies for the Indian Diaspora Combined strength of Indian Diaspora and mainstream India Watchers will be critical factors for strengthening Canada India Partnerships

11 Economic integration of Indo-Canadians into the Canadian mainstream is ICCC’s main objective It is a win-win preposition for Canada & the Indian Diaspora To Conclude:


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