News and updates!
September 2021
CEO SPEAK

 

As we approach the end of the third quarter of this year, it gives me immense pleasure to invite you all to attend the ICBC Annual General Meeting 2021, to reflect on the time gone by and the road ahead. With the increased focus on ESG (Environmental, social and governance) for ethical business practices, we are privileged to have Dr. Anish Shah (Managing Director and CEO, Mahindra and Mahindra) to deliver the keynote address at the AGM.

Do join us on September 30th at 6 PM IST.

 

At ICBC, we watched events unfold throughout the year and were keenly focused on what we, as a Chamber, could do to serve. We have long championed the essential role of bringing people together, for enabling companies and individuals gain visibility in the right networks, and for being the voice of Canadian companies in India and vice versa. We persevered and accomplished with B2Bs for enhanced trade ties, advocating the Canadian education sector in India and helping Indian businesses set up their North American base in Canada.

We now take things up a notch, and will be announcing the launch of the ICBC Start-up Program under the able guidance of Mr. Ameya Prabhu (Founder and Managing Director, NAFA Capital Advisors Pvt. Ltd.). Apart from that, our Brand India series will focus on Opportunities in Lifesciences and Exports between India and Ontario, this month on 22nd. We also have our education virtual tours coming up later in the month and early next month. Our activities and events continue undeterred and we are happy to having kept an ongoing engagement between India and Canada. I look forward to having you join us on the 30th at the ICBC Annual General Meeting 2021. Till then,

take care and stay safe!

01. The Québec education system is exceptional!
  • Québec study programs are world-renowned. Many are even offered in conjunction with other educational institutions around the globe.
  • Québec universities are members of major international networks and are continually involved in new collaborations abroad.
  • However big or small they may be, and wherever they are located, all Québec colleges and universities, have ultramodern infrastructure: laboratories, computer rooms, sports facilities, concert halls, etc.
  • Québec is home to recognized technology parks and prestigious research centres in leading sectors.
  • A wide range of vocational training and technical training programs is offered throughout the year in the four corners of the province.
  • Québec has one of the highest graduation rates for first-time university students.
04. Your daily life will be remarkable
  • Québec is home to thousands of shimmering lakes and rivers. We’ve got it all: a fjord, a huge boreal forest, a majestic river and many national parks. In these vast natural  expanses, the landscape changes with the seasons and the outdoor activities follow.
  • The quality of urban life is unprecedented. The modernism typical of North American cities can be found side by side with the charm of European cities.
 
05. Québec is a welcoming and safe society
 
  • Québec society is fair, respectful, egalitarian and inclusive.
  • The rural areas are welcoming and are among the safest in North America.
07. It could be the beginning of a great adventure
  • When you earn a degree or diploma from a Québec educational institution you can, under certain conditions, simply and quickly immigrate permanently to the province under the Québec Experience Program (QEP).
  • The Québec education system has 4 levels: preschool, Elementary and secondary school, (including adult general education and vocational training), college (divided into pre-university education and technical training) and university education.
    Public schools are secular and offer instruction in French or English, depending on the school. There is also a private school system that offers the official programs of study.
INVESTMENT CHRONICLE
Analysis of India’s M&A, Equity Investments, and Exits in 2021
The recently released edition of Nexdigm (SKP)’s Investment Chronicle provides a brief overview of India’s deal-making landscape in January to June 2021. In the publication, Tanwir Shirolkar, Director- Transaction Advisory Services at Nexdigm focuses on the deal-making landscape in India, comprising Mergers and Acquisitions (M&As), equity investments, and exits.

Despite the challenges posed by India’s second wave and looming concerns around a third wave, deal-making in the first half of 2021 has shown considerable resilience, with 1,207 deals valued at USD 47.35 billion. H1 2021 has witnessed a growth in value terms of 13% vis-à-vis H1 2020. In Q1 2021, 46% of the deal value was contributed by Equity Investments, however, the weightage shifted to M&A contributing 52% in Q2 2021 on account of big-ticket transactions.. After the dip in the first half of 2020, the improving deal volumes were primarily driven by consistent growth in Equity Investments. A total of 781 Equity Investments were witnessed in H1 2021 vis-à-vis 569 deals in H1 2020 and 669 deals in H2 2020.
Source: Nexdigm’s Investment Chronicle | Jan-Jun 2021
Despite anticipated challenges, PE/VC firms have maintained enthusiasm in Indian markets owing to confidence in the recovery and long-term potential of the Indian market, lucrative opportunities in the startup space, and promising entrepreneurial talent. Investors continued to allocate capital and tap into deal opportunities in the recovering landscape as the Indian economy demonstrated adaptability and agility. Ongoing vaccination drives, recovery of several COVID-19 affected sectors, upscaling technology, and digitization of work areas reinforced anticipations of a strong recovery. The upside in market sentiment and investor confidence can be gauged from the fact that the IPOs of several small companies were largely oversubscribed.

Government initiatives for boosting the manufacturing segment in the form of Production Linked Incentive (PLI) schemes and relaxations in tax norms are aimed at upholding investor confidence through challenging times. Backed by a clear focus on strengthening the domestic supply chain and export capabilities combined with interest of global companies in decentralization of operations, the recovery of the deal landscape is expected to continue in the coming months.

For a more details of deal values, rationales for indicative transactions, industry and sectoral insights, and crucial investments.
UPCOMING WEBINARS
PARTICIPANTS
September 27th & 28th, 2021
SUPPORTED BY
OUR SPONSORS
(Advance registration is mandatory. You will receive a link to the virtual meeting upon completion of the registration process)
SUPPORTED BY
OUR PARTNERS
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