Experts say given the increasing economic heft of the country, India cannot be outside the major policy issues confronting the West, an opinion Canada's Carney seconded on Friday. India surpassed Japan to become the world's fourth-largest economy in May this year.

India is the fifth largest economy in the world and it is central to a number of critical global supply chains, Canadian Prime Minister Mark Carney mentioned during recent interview.

Canadian Prime Minister Mark Carney on Friday invited Indian Prime Minister Narendra Modi to the G7 summit in Alberta later this month, an invitation Modi accepted despite strained ties between the countries.