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India–Canada Eye Steel Growth Through Stronger Partnership

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India 05 Feb 2026 04:31 PM IST psuwatch

India and Canada have initiated high-level discussions to strengthen bilateral cooperation in the steel sector, focusing on sustainable development, technology exchange, and raw material security. The meeting, held between senior officials and industry representatives, aims to create a framework for mutual growth and investment opportunities across both nations.

With global steel dynamics shifting, the dialogue emphasized shared interests in green steel production, innovation, and resilient supply chains. Canada, with its resource-rich mining sector, and India, as a leading steel producer, are exploring avenues to complement each other’s strengths. The discussions also addressed trade facilitation, regulatory alignment, and knowledge sharing for next-generation steelmaking technologies.

Officials highlighted the need for a strategic alliance to support both domestic goals and global climate commitments. The collaboration could open doors for joint ventures, skill development programs, and cross-border investments, reinforcing India’s ambitions to become a global steel hub while tapping into Canadian expertise and mineral reserves.

The talks signal a proactive shift in India’s foreign policy to deepen industrial partnerships and boost its steel ecosystem with international cooperation.