The federal government is investing $600,000 to support Canada’s forest products market development office in Mumbai, Minister of Natural Resources Joe Oliver announced January 15.
Forest Innovation Investment India (FII India) is helping Canada to expand its forest product trade with India by identifying opportunities for Canadian wood products and building local relationships.
Oliver made the announcement following a roundtable with forest industry stakeholders at the FII India office in Mumbai during his visit to India.
India has a strong demand for wood that is not currently met through its domestic supply, presenting important opportunities for Canadian wood products. The Mumbai office is showcasing Canadian wood products applications, including office furniture and door and window manufacturing, to builders, buyers and government officials. Exports to India in these areas are expected to grow steadily.
The new investment builds on previous investments of $1.2 million, bringing the federal government’s total investment to $1.8 million.
FII India is also supported by the B.C. government.
