Top 10 Famous Canadian Companies in India

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Investments in capital from Canada to India have increased in the last few years, despite the many controversies and issues between India and Canada. Canadian investments totalled $57 billion by 2024, and half of that coming from the time period from 2018 to 24. The first quarter in 2024 saw Canadian Foreign direct investments into India increased to $7.7 billion, which is more than double the $3.3 earned in 2023. There are more than 600 Canadian businesses operating in a variety of industries in India such as manufacturing, IT health, finance and infrastructure development. In addition, the Indo-Canadian Business Chamber is actively engaged in implementing measures to increase business opportunities in between India and Canada as well as to strengthen bilateral relations between the two nations.. While Canada isn’t among the most prominent investors in the Indian economy, the businesses are increasing their presence in India. Let’s take a take a look at the top 10 Canadian companies operating in India in 2026.

Top 10 Canadian Companies in India

1. Apotex Pharmachem

Apotex Pharmacem, founded in 1974 is an Canadian multinational pharmaceutical corporation that engages in the manufacture of biosimilar, generic and brand-name pharmaceuticals, as well as other health-related products for consumers. The company shifted its operations to India in 2003 through the creation of its subsidiary company, Apotex Pharmachem India Private Limited. AP India is engaged in the production of pharmaceuticals to treat multiple health issues like digestion problems, diabetes and cardiovascular conditions, as well as viral diseases, and more.

Apotex Pharmachem India manufactures finished doses as well as active pharmaceutical ingredients, also known as APIs. The manufacturing facilities are located within Bangalore in India and Mumbai.

2. Sunlife Financial Inc.

Sunlife Financial Inc., founded in 1865 is an Canadian multinational financial services firm which specializes in financial planning, insurance and asset management mutual funds, retirement savings and much more. The company has a 49% of their joint venture Indian company house Aditya Birla Group, named Aditya Birla Sunlife Insurance Company Limited which was established in 2000.

ABSLI provides a broad range of products, including unit-linked insurance plans such as wealth protection plans, health insurance retirement and pension solutions including children’s future plans, and much more. ABSLI operates over 340 branch locations throughout India and has more than 49,000 direct selling agents as well as brokers.

3. Air Canada

Air Canada, founded in 1937 is now the biggest airline in Canada according to passengers transported and the size of its operations. Air Canada entered India in 2004 when it started flights in the region between New Delhi and Toronto. In the past, Air Canada has expanded its routes and increased its duration in India. At present, it operates on several routes including Delhi-Toronto, Ahmedabad Vancouver, Kolkata-Toronto, and many more.

Air Canada halted its India operations in 2007 before resuming the operation in 2015. In October 2024 Air Canada introduced daily flights from Delhi to Western Canada via London Heathrow.

4. CGI Inc.

CGI Inc., founded in 1976 CGI Inc., founded in 1976, is an Canadian multinational corporation that specialises in business and IT outsourcing and consulting services, as well as software development. CGI was established in India in 1996 when it opened their first Indian office located in Bangalore. CGI India provides a number of solutions and services, which include IT outsourcing and business consulting, as well as business process services including integration of systems, business application development Enterprise platform for resource planning and services for payment integrity.

CGI India has multiple global delivery centers in India. They are situated within Bangalore, Mumbai, Pune, Hyderabad and Chennai.

5. McCain Foods Limited

McCain Foods Limited, founded in 1957 was an Canadian multinational company that manufactures frozen food that specializes in French fries and other appetizers, as well as oven meals and potato dishes. The company is present in India since 1998, through its subsidiary McCain Foods India. McCain Foods India has launched several products on Indian markets. Indian market, such as fries, aloo tikki smiles mini cheese samosas cheese bites, and veggie fingers.

McCain Foods India operates a production facility in Mehsana within Gujarat. The company is famous for its use of local grown potatoes to make its products.

6. Canada Pension Plan Investment Board

Canada Pension Plan Investment Board was established in 1997 was an Canadian state-owned corporation that oversees and invests funds of the 18 million participants and beneficiaries who are members of the Canada Pension Plan. CPPIB has invested in India since 2010, and established their initial India headquarters in Mumbai in the year 2015.

CPPIB invests in various sectors of India that include real estate, infrastructure, as well as finance. It holds shares of several Indian firms like Kotak Mahindra, L&T Infrastructure, Piramal Enterprises and more.

7. IBI Group Inc.

IBI Group Inc., founded in 1974 was an Canadian engineering, architecture planning, consulting, and technology firm that has the presence of 12 countries across the globe. The company made its debut in India in 2006 when it established its subsidiary company, IBI Group India Private Limited. IBI Group India provides infrastructure design and execution, as well as technical assistance. It has its office within Gurgaon, Haryana.

8. Thomson Reuters

Thomson Reuters, founded in the year 2008 through the merger between Reuters Group and Thomson Corporation is an Canadian international information technology company that specialises in data, news and analytics for business as well as professionals from various industries. Thomson Reuters has been operating in India since 1851, when Reuters Group opened its office in Mumbai. Thomson Reuters provides news from India to media outlets across the globe. It offers tools and services to various fields, such as accounting, taxation, and law.

9. Scotia Bank

Scotia Bank, established in the year 1832 was an Canadian international banking and financial services firm and is among the five biggest banking institutions of Canada. Scotia Bank was introduced to India in 1983 when it established an Indian representative office in Mumbai. Scotia Bank provides a broad variety of products and services to India that include personal banking, corporate banking and foreign exchange, as well as investment banking and trade finance. Scotia Bank has locations located in Mumbai, Delhi and Bangalore.

10. LEA Group

LEA Group, founded in 1953 is an Canadian multinational corporation that offers consultancy and advisory services for global infrastructure projects such as highways, roads, buildings and transportation infrastructure. LEA Associates South Asia Private Limited, the subsidiary of the firm LEA Associates South Asia Private Limited founded in 1993, is located in India but is also the center in operations across Asia, Africa and Middle East. LEA India provides consulting services to help with infrastructure development and has also been involved in projects financed by international organizations like the World Bank and Asian Development Bank.

Conclusion

The top Canadian firms are playing an important part within the Indian economy, investing in capital and creating jobs. With the advent of more innovation and expansion, Canadian companies are set to rise in India.