Pierre Arcand, Minister of International Relations and Minister Responsible for La Francophonie, met with Kamal Nath, India’s Minister of Road Transport and Highways, in Montréal on March 26. They discussed follow-up action stemming from the Premier’s mission to India in February, in addition to enhanced cooperation in areas such as research and innovation.
“India offers enormous potential for Québec companies and institutions. During the mission last February, a total of 31 agreements were signed. Our government is determined to support Québec companies and institutions in their efforts to tap into this vast market. In this regard, it is essential that we continue to forge stronger ties,” said Mr. Arcand.
During his visit to Québec, Mr. Nath also met with representatives of various Québec companies whose expertise is of interest to India.
India has the world’s second-largest road network, totalling 3.3 million kilometres. However, 40% of the country’s villages are still not connected to it. According to the Indian government, required network investments are estimated at US$75.3 billion by 2012, with the private sector accounting for approximately one-third of that figure.
The meeting between Mr. Arcand and Mr. Nath also focused on how Québec companies can benefit from these business opportunities.