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International Trade committee  We haven't at this point—

November 20th, 2012Committee meeting

Baljit Sierra

International Trade committee  —but we have heard that they are there and there are issues to look at.

November 20th, 2012Committee meeting

Baljit Sierra

International Trade committee  Sure, Mr. Holder. I would just add that I think the resources are there with the trade commissioner's office of EDC. I agree with you in that I think the visibility of these resources has to be brought forward to Canadian companies that are looking at those markets. We did some research and met with our EDC representative and trade commissioner.

November 20th, 2012Committee meeting

Baljit Sierra

International Trade committee  Mr. Shory, to answer your first question, NOVO Plastics Inc. has been in India for about three years now. As Pierre mentioned, our initial obstacle was finding the right partner in that country. There are many tier 1 suppliers to the automotive industry there. Vikram mentioned some comments about the EDC, BDC, and the trade commissioner's office.

November 20th, 2012Committee meeting

Baljit Sierra

International Trade committee  Yes. For the most part, I just want to mirror my colleague's comments. You mentioned that Indian companies are hungry for technology. From my experience, they absolutely are. We're finding that we're introducing one form of technology to them and they're coming back to us asking if we can work on this or look at that different area.

November 20th, 2012Committee meeting

Baljit Sierra

International Trade committee  There are tariffs on raw material. Our business is injection moulding. When you import resin, whether it's nylon or polypropylene, it's a proprietary resin that's engineered for certain applications. That has to come from Canada or from Europe or other countries. About 10% is the minimum tariff on raw material, and it goes up from there; there are other customs levies.

November 20th, 2012Committee meeting

Baljit Sierra

International Trade committee  Thank you, Mr. Chair and members of the committee. I'm very happy to be here today to share a little bit about my company and our experiences in India. NOVO Plastics is a Canadian manufacturer of engineered plastic components and assemblies, primarily for the auto sector, but for some consumer commercial markets as well.

November 20th, 2012Committee meeting

Baljit Sierra