Carney also plans to visit Japan and Australia in the same trip in increased external engagement as the North American nation faces subtle threats of being annexed by the US with President Trump infamously labelling Canada the “51st state” last year.
Indian commerce minister Piyush Goyal said the country hopes to formally launch negotiations for a Free Trade Agreement (FTA) during the visit.
Carney will begin his trip in Mumbai on February 27, where he is scheduled to spend two days in business-focused engagements. The Canadian leader is expected to interact with Indian and Canadian CEOs, industry leaders, financial sector experts, innovators, educators and representatives of Canadian pension funds operating in India.
The outreach in India’s financial capital is aimed at boosting investment flows and strengthening commercial partnerships, particularly in sectors such as energy, critical minerals, technology and financial services.
Trade, strategic ties in focus
Carney will be in New Delhi on March 1 and hold delegation-level talks with PM Narendra Modi the following day at the Hyderabad House.
The two leaders are set to review progress under the India–Canada Strategic Partnership and build on their earlier meetings in Kananaskis in June 2025 and Johannesburg in November 2025.
Discussions are expected to span trade and investment, energy cooperation, supply chains for critical minerals, agriculture, education, research and innovation, as well as people-to-people ties. The leaders will also exchange views on key regional and global developments amid shifting geopolitical alignments.
The same day on March 2, Modi and Carney will attend the India–Canada CEOs Forum.
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