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.

Prime Minister Mark Carney of Canada underscored the significance of India's participation in the G7 Summit, citing its status as the world's fifth-largest economy and its essential role in global supply chains.

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.