Canada-India Business Council Expands Advisory Council Amid Bilateral Reset

TORONTO, June 30, 2025 /CNW/ - 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.   

SOURCE Canada-India Business Council

For more information or to arrange an interview with the President and CEO, Victor Thomas, accredited media outlets may contact Danielle Muise at [phone].