Canada’s PM Carney in India to reset ties and bolster trade

India’s foreign ministry says the visit marks a “significant step” in strengthening ties.Published On 27 Feb 2026Canadian Prime Minister Mark Carney has arrived in India for a landmark visit as he seeks to diversify his country’s trade partners amid ongoing tensions with the United StatesCarney arrived in financial hub Mumbai on Friday, where he is expected to address business leaders before meeting with Indian Prime Minister Narendra Modi in New Delhi on Monday to discuss a range of partnerships spanning trade, energy, technology, artificial intelligence and defence.Recommended Stories list of 3 itemslist 1 of 3Canadian PM Carney heads to India on ‘significant’ trip to consolidate tieslist 2 of 3‘No longer a threat’: How Canada U-turned on India ahead of Carney visitlist 3 of 3World reacts as US top court limits Trump’s tariff powersend of listIndia’s foreign ministry said the visit marked a “significant step” in strengthening ties.“The India–Canada partnership is anchored in shared democratic values, strong people-to-people ties, and expanding cooperation across diverse sectors,” said Randhir Jaiswal, India’s foreign ministry spokesperson, posting on X.The trip comes in the wake of tensions with US President Donald Trump, who imposed steep tariffs on key Canadian exports like steel, aluminium and car parts, leading Carney to speak of doubling his country’s non-US exports over the next decade.Last year, Canada and India agreed to resume negotiations on a proposed free-trade agreement. Carney has previously said he wanted to more than double two-way trade with India by 2030, eyeing an annual target of $51bn.India, for its part, is seeking to attract more overseas investments, and says Canadian pension and wealth funds have already invested $73bn.The energy-hungry country, which is considered the world’s fastest-growing major economy, also hopes Canada can support its ambitious plan to expand nuclear power capacity.