Ot­tawa Eyes $100 m In­dian In­vest­ment

The Economic Times - - Economy & Companies -

Canada’s cap­i­tal city Ot­tawa ex­pects in­vest­ments of around $100 mil­lion from In­dia through filmmakers, stu­dents seek­ing ed­u­ca­tion, tech­nol­ogy com­pa­nies and tourism, mayor Jim Wat­son said in an in­ter­view.

Wat­son is lead­ing a group of 27 com­pa­nies with del­e­gates seek­ing in­vest­mentsor joint ven­ture with com­pa­nies in In­dia. “We have signed agree­ments with Bol­ly­wood pro­duc­ers to make films on Ot­tawa, be­cause it is the least ex­pen­sive city in Canada and with the fall in the Cana­dian dol­lar is also cheaper than the US,” Wat­son said.— Our Bureau


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