Anil Agarwal, Indian billionaire, discusses growing ties with Canada

India's economy is expected to grow by seven per cent this year, pushing it ahead of the United Kingdom as the world's fifth largest economy.

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Tap here to see other videos from our team. From scrap metal dealer to billionaire: How Anil Agarwal built one of the world's biggest mining companies This week on Down to Business, Anil Agarwal, an Indian billionaire who founded and operates Vedanta Resources Ltd., a multi-billion dollar company, spoke about his career, including aluminum, copper, iron ore, silver, lead zinc, steelmaking coal, oil and gas.

Agarwal, who splits his time between London and Mumbai, was in Toronto to accept the Global India Award from the Canada India Foundation. India is a major source of investment for Canadian pensions and mutual funds. There are more than 80,00 Indian students enrolled in universities in Canada, which are more than China, Japan and the Philippines combined. Agarwal spoke about the growing relationship between India and Canada, and many other issues. The interview is edited for clarity and brevity.