Canadian Business in India

Paper Summary:

This paper discusses how an understanding of the significance of India as a trading partner for Canada is a complicated task. It looks at how apart from economic facts such as its population GDP labour size, etc. , in the case of a country the size and complexity of India, it is also necessary to understand its economic culture and history.

From the Paper:

" An understanding of the significance of India as a trading partner for Canada is a complicated task. While of course the economic "facts" of a particular country - its population, GDP, labour size etc. - are important in any analysis of business relationships, in the case of a country the size and complexity of India it is also necessary to understand its economic culture and history. Just as, for example, it would be highly inaccurate for any study of trading relationships with Russia today to ignore the influence of the country's communist history upon its present economic circumstances, so too in the case of India we must understand its economic history as a developing country."

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