Business worth billions, 17 lakh Indians, Rs 38 thousand crores every year, this is the condition of the country in Canada.

India Canada diplomatic dispute does not seem to be resolved. However, the Defense Minister of Canada has shown some leniency and said that India-Canada relationship is important. Amidst the controversies, let us tell you some things related to India and Canada which you might not know.

Canada-India diplomatic dispute deepens. However, now Canada's stance towards India seems to be a bit soft. The business relations between Canada and India are very old. There has been a trade of $8.3 billion between Canada and India in the year 2022-23. But do you know how many Indians live in Canada and how much money they send to their country every year. Today we will tell you some things about the trade relations between India and Canada which you might not know.

You must be aware that most of the Indian students go to Canada for studies. But do you know that India is the fifth largest destination in the world for Canadian tourists. Talking about statistics, last year about 2.8 lakh tourists came to India from Canada. Now, who will benefit and who will suffer from the cold war going on between Canada and India? This remains to be seen but in many matters both the countries are important for each other.

Rs 32000 crore comes to India

Apart from tourists and students, a large section of Indians live in Canada. According to data from the Ministry of Commerce, Canada ranks 35th in terms of trade share. At the same time, about 17.6 lakh overseas Indians live in Canada. The figure of remittance i.e. sending money from Canada to India is 3.8 billion dollars (about Rs 32000 crore). That means Indians living in Canada have sent Rs 32000 crore to the country. This remittance figure is for the year 2021. Canada comes at number 9 in remittances. Out of the total Indian overseas population of 17 lakh, 1.8 lakh people are NRIG i.e. Non Resident Indians. At the same time, more than 15 lakh people have taken citizenship of Canada and other countries.

Import-export accounting

According to data from the Ministry of Commerce, India imported 5 million tonnes of lentils from Canada last year. Talking about exports, India had exported smartphones worth about $100 million to Canada. At the same time, India and Canada's transactions in the health sector are also quite big. Last year, Canada imported medicines worth $200 million from India. According to statistics, Canada's share in India's total exports is 0.9 percent. This includes Basmati rice, smartphones, medicines, jewelery etc. Canada comes at number 7

Talking about Indian overseas population, Canada comes at number 7. In the case of Overseas Indians, America is at number one, followed by UAE, then Malaysia, then Saudi Arabia, then Myanmar, then UK and then Canada. There are a total of 1.8 lakh NRIGs and 15.1 lakh PIOs i.e. Population of Indian Overseas in Canada.