WE NEED TO BUILD A BRAIN CHAIN.

to build a commercial relationship with India.

Modi said in 2015 that he wanted his country to be self-sufficient in pulses. He probably won’t manage that, as Indian agriculture is famously inefficient, but that doesn’t mean he won’t try. At the end of last year, India issued a surprise 50-per-cent tax on pea imports to offset a price drop that was hurting local farmers. That was only the latest example of trade harassment, and suddenly pulses don’t look like such a great bet. Canadian farmers say they will cut their lentil acreage by about 30 per cent this year, and pea plants look set to drop to a sevenyear low, Bloomberg News reported this week, citing federal survey data.

This is why Bengaluru matters. If Canada is going to build a vibrant commercial a smaller company, or go find the talent he needed.

A couple of years ago, he set up an office in Gurgaon, officially Gurugram, a suburb of New Delhi. SOTI now employs about 200 people in the sort of fancy workspacecum-playpen that is the norm in the tech business. “That is what you have to do to attract people,” even in India, Rodrigues said of his investment in interior design. “We have to find places where we can find the people.”

Another example of Rao’s “brain chain” would be the startup incubator that Ryerson University runs in Mumbai with the Bombay Stock Exchange.

But you shouldn’t assume the investment would be one way. One97 Communications Ltd., an Indian fintech company valued at about US$10 billion, has a research centre in Toronto. The company’s