New jobs and new export markets won on successful mission to India - Bruton
Two new Indian companies to set up operations in Ireland; major business wins for Irish companies and Higher Level Education Institutions High level meeting on trade issues with Indian Trade Minister Sharma
Pictured during the trade mission were Terry Clune, MD Taxback Group and Jobs Minister Richard Bruton.
Jobs Minister Richard Bruton today concludes a five-day trade and investment mission to India during which new jobs and export markets were won on the trade, investment and education fronts. During the mission three Irish companies announced contracts and business growth worth over €15 million and two Indian companies announced plans to set up operations in Ireland and create 75 new jobs. Three education institutions announced new alliances and programmes with third level Indian education partners, underpinning Enterprise Ireland’s strategy to grow the number of Indian students to over 5,000 over the next five years, generating €50 million in fee income, with a further €50 million direct spend in the wider economy. Further contract announcements and investments are expected over the coming months.
The mission of 42 Irish companies and Higher Education Institutions was organised by Enterprise Ireland and IDA Ireland and supported by the Embassy of Ireland in India. It was aimed at supporting Irish companies and education institutions to increase exports to India, and attracting investment and jobs into Ireland from key Indian companies.
At the end of the highly successful mission Minister Bruton said:
The Indian market offers tremendous potential for Ireland. Irish companies and education institutions are winning more and more business in the area matched by an increasing interest among Indian companies in Ireland as a location for setting up new operations to target the European market. Central to the Government’s plans for jobs and growth is driving an export-led recovery, and this trade and investment mission and the work of Enterprise Ireland, IDA Ireland, the Department of Foreign Affairs and Trade, and our Embassy in India are all part of our combined efforts to open doors for Irish companies and win more investment for Ireland.
Read the full press release here