Canada-India Business Council Expands Advisory Council Amid Bilateral Reset
TORONTO, June 29, 2025 /PRNewswire/ -- In light of renewed momentum in Canada-India relations, the Canada-India Business Council (C-IBC) is expanding its Advisory Council, following Prime Minister Narendra Modi's visit to Canada for the G7 Summit. This move underscores C-IBC's commitment to deepening bilateral commercial ties and strengthening the economic corridor between the two countries.
The expanded Advisory Council features a distinguished group of senior executives and global leaders with deep sectoral expertise. As Canada and India move toward closer economic cooperation, the Advisory will inform C-IBC's strategic direction and support efforts to enhance investment and trade.
"Prime Minister Modi's invitation and visit signifies a pivotal moment in the Canada–India relationship, and a timely opportunity to reframe our economic engagement," said Victor Thomas, President and CEO of the Canada-India Business Council. "India's trajectory toward becoming the world's third-largest economy requires that Canadian businesses seriously consider diversifying towards this significant growth market. Expanding the Advisory to include accomplished Indian business leaders will deepen our collective understanding of high-growth sectors and drive meaningful cross-border collaboration."
Originally established four years ago, the Advisory Council has played a pivotal role in guiding C-IBC's initiatives and policy advocacy. Its expansion to include prominent Indian executives signals a new era of bi-national leadership—one that reflects shared priorities, complementary strengths, and a common ambition to shape the future of Canada–India economic relations.
New Advisory Council Members: | |||
Chandrajit Banerjee | Director General, Confederation of Indian Industry (CII) | ||
Ajay Bisaria | Senior Advisor, India, OMERS; Former High Commissioner of India to Canada | ||
Baljit Singh Chadha | President and Founder, Balcorp Limited | ||
Sriram Iyer | Head – Deposit Products, Business Centre Processes and Service, Micro Market Strategy & Marketing, ICICI Bank | ||
Michael McCabe | Resident Director – North America, Tata Group | ||
Zia Mody | Co-Founder and Managing Partner, AZB & Partners | ||
Deepa Nagaraj | Senior Vice President & Head – Sparkle Innovation Ecosystem and Communications, Mphasis | ||
Chandran Ratnaswami | Executive Vice Chairman, Fairfax India | ||
Soumen Roy | Executive Director and Country Head – Canada, Tata Consultancy Services | ||
Sudhir Sethi | Founder and Chairman, Chiratae Ventures | ||
Natarajan Venkatram | Country Chair, CDPQ India; Former CEO of Deloitte India | ||
Current Advisory Council Members: | |||
Murad Al-Katib | President and CEO, AGT Foods | ||
Christy Clark | Senior Advisor, Bennett Jones; Former Premier of British Columbia | ||
Bob Dhillon | President and CEO, Mainstreet Equity Corp. | ||
Gordon Fyfe | CEO and CIO, British Columbia Investment Management Corp. | ||
Tim Gitzel | President and CEO, Cameco | ||
Goldy Hyder | President and CEO, Business Council of Canada | ||
Joy Johnson | President and Vice-Chancellor, Simon Fraser University | ||
Sukesh Kumar | Partner and National Leader, India Practice in Canada, KPMG LLP | ||
Rhonda Lenton | President and Vice-Chancellor, York University | ||
Gordon McKenzie | President and CEO, Canpotex Limited | ||
Anuj Ranjan | CEO, Brookfield Private Equity Group and Brookfield Business Partners | ||
Victor Thomas | President and CEO, Canada-India Business Council | ||
Founded in 1982, the Canada-India Business Council (C-IBC) is the premier organization dedicated to strengthening the bilateral economic relationship between Canada and India. The Council remains committed to playing a constructive role in facilitating executive dialogue, enabling strategic partnerships, and contributing to the long-term prosperity of both nations.
Contact: For more information or to arrange an interview with the President and CEO, Victor Thomas, accredited media outlets may contact Danielle Muise at +1-416-214-5947.
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