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Irish companies announce significant business wins on trade and investment mission to India – Bruton
At the announcement by Taxback were Terence O'Rourke, Chairman Enterprise Ireland, Minister Richard Bruton, Ajay Sukhwani and Terry Clune, Taxback Group
Three Irish companies announced significant new contracts and business developments during this week’s trade and investment mission to India led by Jobs Minister Richard Bruton.
The mission is being organised by Enterprise Ireland and IDA Ireland, and today’s announcements demonstrate the tremendous potential for building Ireland’s exports in the huge India market and creating jobs at home.
- The Taxback Group is expanding into the Asian market with the launch in India of PaytoStudy and has announced contract agreements with two of the top five educational agents in India, among others. These are expected to generate €15 million in new revenue for PaytoStudy.
- Kilkenny company Connolly RED MILLS has also captured significant business since launching in the Indian market in 2012, and has now opened a new representative office in Bangalore.
- Dublin company Globoforce, a world leader in employee recognition programmes, announced a new multi-year contract with Tata Communications, part of Tata Group, India’s leading conglomerate.
Welcoming the announcements Minister Bruton said:
At the heart of our Action Plan for Jobs is driving the creation of a powerful engine of exporting Irish businesses. To support this, we have put in place a range of changes, including doubling the number of Ministerial trade missions, a range of tax changes and the establishment of a new Potential Exporters Division in Enterprise Ireland.Today’s announcements show the potential that exists in the hugely exciting Indian market. These new business wins are very significant for these three Irish companies and their Indian partners, and I congratulate them on their success.
For more information visit the Enterprise Ireland website here.