India, April 14 -- Led by Indo-Canadian billionaire Prem Watsa, a group of corporate leaders in the country have endorsed the opposition Conservative Party ahead of the election on April 28.

Under the banner of Friends of Free Enterprise in Canada, over 30 of them signed an open letter which was published in Canadian outlets over the weekend.

They outlined four principles required to arrest Canada's economic decline. These were supporting free enterprise, eliminating barriers, restoring fiscal discipline and reforming the tax system.

The letter stated, "Now is the time to act. That is why we are support Pierre Poilievre and Conservative Party of Canada. They have a clear plan address these issues and get Canada back on track."

The sig...