India - Canada Uranium deal : A big boost to Indian energy sector🇮🇳🇨🇦

Описание: India and Canada have not shared the smoothest relations in recent times. Diplomatic tensions and political disagreements have kept ties under strain.
Yet, despite these differences, both countries are now engaged in talks over a long-term uranium supply agreement.
The proposed deal, valued at around $3 billion, could ensure uranium supply for nearly 10 years. While the agreement is not final yet, discussions are ongoing, and the Canadian Prime Minister’s proposed visit to India in March is expected to push these talks forward.
Why does this matter for India?
Stable uranium supply means stable nuclear power generation. For India, where manufacturing still struggles with power uncertainty, reliable energy can make a real difference. Factories operating at full capacity, predictable production cycles, and lower dependence on fossil fuels are key to strengthening the manufacturing sector.
A stronger manufacturing base also means more private-sector jobs. Today, a large section of India’s youth depends heavily on government jobs due to limited opportunities elsewhere. Expanding manufacturing can gradually change this situation by creating employment across skill levels.
For Canada, India represents a fast-growing, long-term energy market. Despite political differences, economic interests remain strong. India’s track record of maintaining long-term partnerships — including in energy and defence — makes it a reliable partner.
Globally, at a time when trade wars and tariff pressures are rising, India appears to be focusing quietly on energy planning and economic stability, rather than short-term reactions.
The deal is still under discussion.
But if it moves forward, it could play a small yet important role in shaping India’s energy security, manufacturing growth, and employment landscape in the years ahead.
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