TORONTO, June 29, 2025 /PRNewswire/ — In light of renewed momentum in Canada–India relations, the Canada-India Business Council (C-IBC) is expanding its Advisory Council, following Prime Minister Narendra Modi’s visit to Canada for the G7 Summit. This move underscores C-IBC’s commitment to deepening bilateral commercial ties and strengthening the economic corridor between the two countries.
The expanded Advisory Council features a distinguished group of senior executives and global leaders with deep sectoral expertise. As Canada and India move toward closer economic cooperation, the Advisory will inform C-IBC’s strategic direction and support efforts to enhance investment and trade.
“Prime Minister Modi’s invitation and visit signifies a pivotal moment in the Canada–India relationship, and a timely opportunity to reframe our economic engagement,” said Victor Thomas, President and CEO of the Canada-India Business Council. “India’s trajectory toward becoming the world’s third-largest economy requires that Canadian businesses seriously consider diversifying towards this significant growth market. Expanding the Advisory to include accomplished Indian business leaders will deepen our collective understanding of high-growth sectors and drive meaningful cross-border collaboration.”
Originally established four years ago, the Advisory Council has played a pivotal role in guiding C-IBC’s initiatives and policy advocacy. Its expansion to include prominent Indian executives signals a new era of bi-national leadership—one that reflects shared priorities, complementary strengths, and a common ambition to shape the future of Canada–India economic relations.
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New Advisory Council Members: |
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Chandrajit Banerjee |
Director General, Confederation of Indian Industry (CII) |
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Ajay Bisaria |
Senior Advisor, India, OMERS; Former High Commissioner of India to Canada |
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Baljit Singh Chadha |
President and Founder, Balcorp Limited |
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Sriram Iyer |
Head – Deposit Products, Business Centre Processes and Service, Micro Market Strategy & Marketing, ICICI Bank |
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Michael McCabe |
Resident Director – North America, Tata Group |
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Zia Mody |
Co-Founder and Managing Partner, AZB & Partners |
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Deepa Nagaraj |
Senior Vice President & Head – Sparkle Innovation Ecosystem and Communications, Mphasis |
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Chandran Ratnaswami |
Executive Vice Chairman, Fairfax India |
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Soumen Roy |
Executive Director and Country Head – Canada, Tata Consultancy Services |
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Sudhir Sethi |
Founder and Chairman, Chiratae Ventures |
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Natarajan Venkatram |
Country Chair, CDPQ India; Former CEO of Deloitte India |
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Current Advisory Council Members: |
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Murad Al-Katib |
President and CEO, AGT Foods |
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Christy Clark |
Senior Advisor, Bennett Jones; Former Premier of British Columbia |
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Bob Dhillon |
President and CEO, Mainstreet Equity Corp. |
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Gordon Fyfe |
CEO and CIO, British Columbia Investment Management Corp. |
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Tim Gitzel |
President and CEO, Cameco |
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Goldy Hyder |
President and CEO, Business Council of Canada |
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Joy Johnson |
President and Vice-Chancellor, Simon Fraser University |
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Sukesh Kumar |
Partner and National Leader, India Practice in Canada, KPMG LLP |
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Rhonda Lenton |
President and Vice-Chancellor, York University |
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Gordon McKenzie |
President and CEO, Canpotex Limited |
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Anuj Ranjan |
CEO, Brookfield Private Equity Group and Brookfield Business Partners |
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Victor Thomas |
President and CEO, Canada-India Business Council |
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Founded in 1982, the Canada-India Business Council (C-IBC) is the premier organization dedicated to strengthening the bilateral economic relationship between Canada and India. The Council remains committed to playing a constructive role in facilitating executive dialogue, enabling strategic partnerships, and contributing to the long-term prosperity of both nations.
Contact: For more information or to arrange an interview with the President and CEO, Victor Thomas, accredited media outlets may contact Danielle Muise at +1-416-214-5947.
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