SMBs, Planning to invest in North America? Check this

NEW DELHI, INDIA: If you are one among upcoming Small and Medium Sized Enterprises (SMEs) and planning to extend your footprint to outside India, then this news is exclusively for you.

Ontario International Marketing Centre in India and Invest Toronto are jointly organizing a series of seminars to engage Indian SMEs interested in expanding operations into North America via Toronto, Ontario.

Named as the 'Next Big Idea' Seminars, the programme will guide Indian SMEs to set up operations in Toronto, access facilities and incentives, and also establish networks that would enable them to capitalize on global business opportunities from Toronto.

Invest Toronto is the organization responsible for attracting inbound foreign direct investment into the city of Toronto and offers complimentary one-on-one consultations to businesses and site selectors making global business investment decisions.

According to a release, the seminars will be offered free of charge and are open to all SMEs interested in learning about setting up an office in North America.

"Indian companies such as ICICI Bank, State Bank of India, Infosys, Gateway TechnoLabs, Mastek, Zylog Systems and Polaris have already made their foray into North America via offices in Toronto," said Aaron Rosland, Ontario's senior economic officer in India.

"Ontario is home to more than half-a-million Indo-Canadians, making it an ideal entry point into the North American market. Ontario has made India a priority market for commercial links," added Rosland.

The release further added that Forbes.com recently named Ontario as a top destination for foreign direct investment in North America and gave the Province top rankings in various areas including job creation, tax reform and health care.

Ontario accounts for 38 per cent of Canada's GDP, 35 per cent of the country's industrial production and is home to 60 per cent of Canada's foreign-controlled head offices.

The seminars are scheduled to take place in Ahmedabad and Pune, respectively, on May 6 and 7. Click here to register for the seminar.