Trade Mission Targets Growth in High Tech and Educational SectorsThe Minister for Jobs, Enterprise and Innovation Mr Richard Bruton T.D.
today [Sunday] begins an Enterprise Ireland trade and education mission of
22 Irish companies to India. The Minister will then travel to Saudi Arabia
to support an education mission of 13 leading Irish universities and
institutes of technology.
During the mission, Minister Bruton will meet key Indian political leaders
and corporate decision makers to endorse and promote Irish companies and
Irish products and services. The Minister will also lead groups of Irish
companies in key corporate presentations to promote their products and
services to potential Indian partners and buyers.
Speaking ahead of the mission Minister Bruton said: “India is rapidly
transforming into a global economic powerhouse and has moved into a central
position, not just as one of the key engines of growth in Asia, but as a
key player in global trade.
“As a result, India is increasing in prominence in the export strategies of
Irish companies and institutions, who recognise India’s emergence as one of
the most powerful economies in the world.
“The continued steady growth of Irish exports to India represents an
excellent performance and there are significant further opportunities for
increased trade and partnership between Irish and Indian organisations.”
The trade mission to India has been organised because of the high growth
potential for Irish exports to India and as a direct response to growing
interest in the market among Irish companies. The key objective of the
trade mission is to highlight the excellence of Ireland’s higher education
offering and the product and service capability of Irish companies.
Ireland is at an early stage in the development of its economic ties with
India but activity in the market is growing. Enterprise Ireland is already
working with over 100 Irish companies who are exporting to India, an
increase of 10% on 2009.
Over 30 Irish companies, ranging from construction services to higher
education to software and IT, have their own offices in India. A further
100 Irish companies are working with Enterprise Ireland in the early stages
of selling to this market. This growing level of engagement has resulted
in a doubling of Enterprise Ireland client exports to India over the last
three years to more than over €50m.
India has been identified as a priority market for international students
in Ireland’s education strategy “Investing in Global Relationships” and so
education forms a key focus of the trade mission. The trade mission also
includes participants from a range of sectors in which Ireland’s products
and services closely match Indian market needs. These include education
services, IT & telecommunications, the lifesciences
Following on from the mission to India, Minister Bruton will travel to
Saudi Arabia to support an education mission of Ireland’s leading
universities and institutes of technology, to promote Irish higher
education in Saudi Arabia.
During his visit, Minister Bruton will meet with the Minister of Higher
Education, His Excellency, Dr. Khaled Al – Angari, the Minister of Commerce
and Industry, His Excellency, Mr..Abdullah Ali Reza and Dr. Ali Nasser Al
Ghafis, Governor of Technical Vocational Training Corporation (TVTC).
The Minister will also formally launch the “Education in Ireland” brand in
Saudi Arabia.
Commenting ahead of his visit to Saudi Arabia Minster Bruton said:
“Enterprise Ireland has been promoting Irish higher level education in
Saudi Arabia since 2007 and there are now over 400 Saudi students currently
studying in our Higher Education Institutions as well as the same number of
Saudi students studying English language in Ireland.
“Saudi Arabia is Ireland’s most important trading partner in the Middle
East. The Irish education of Saudi students is an important element in
reinforcing the positive trading relationship with Saudi Arabia and we are
keen to further develop this area for the mutual benefit of both Ireland
and Saudi Arabia.”