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24/06/2013
Foster Welcomes Indian Business Leaders To The City
Enterprise Minister Arlene Foster has said boosting trade with India and other emerging economies offers local businesses a new raft of opportunities.
Ms Foster made the comments at a welcome reception in Belfast City Hall on Sunday night for highly influential Indian business leaders visiting the region as part of a three-day Global India Business Meeting.
The conference, organised by Horasis in conjunction with Belfast City Council, and sponsored by Invest Northern Ireland, brings together more than 300 chief executives from major Indian companies with their European counterparts to examine the potential for trade and investment between the two regions.
The location of the Global India Business Meeting rotates annually and other cities who have hosted the event recently include Antwerp, Munich, Madrid and Naples.
Arlene Foster said: "The world economy is shifting and the growth of new emerging markets means that in order to stay ahead of the competition, local companies need to tap into the opportunities that exist in countries such as India.
"The more Northern Ireland businesses that trade, invest and innovate with Indian partners, the more jobs and growth we will create. In order to develop economic links I have visited the country on a number of occasions, the first back in 2009 and most recently as part of a trade mission in April last year.
"Already, there are many positive business relationships between India and Northern Ireland. Queen's University and InfoSys in Bangalore are working in partnership to combat cyber-security threats and around 30 Northern Ireland companies have established a base in India to enable them to develop business further."
Also attending the conference is India's Minister for Commerce and Industry, Minister Sharma, along with other senior Indian Ministers.
On Monday, the DETI Minister will meet with India's Minister for New and Renewable Energy, Minister Addullah to discuss the development of Belfast Harbour as a renewables hub for the offshore wind sector.
(JP/CD)
Ms Foster made the comments at a welcome reception in Belfast City Hall on Sunday night for highly influential Indian business leaders visiting the region as part of a three-day Global India Business Meeting.
The conference, organised by Horasis in conjunction with Belfast City Council, and sponsored by Invest Northern Ireland, brings together more than 300 chief executives from major Indian companies with their European counterparts to examine the potential for trade and investment between the two regions.
The location of the Global India Business Meeting rotates annually and other cities who have hosted the event recently include Antwerp, Munich, Madrid and Naples.
Arlene Foster said: "The world economy is shifting and the growth of new emerging markets means that in order to stay ahead of the competition, local companies need to tap into the opportunities that exist in countries such as India.
"The more Northern Ireland businesses that trade, invest and innovate with Indian partners, the more jobs and growth we will create. In order to develop economic links I have visited the country on a number of occasions, the first back in 2009 and most recently as part of a trade mission in April last year.
"Already, there are many positive business relationships between India and Northern Ireland. Queen's University and InfoSys in Bangalore are working in partnership to combat cyber-security threats and around 30 Northern Ireland companies have established a base in India to enable them to develop business further."
Also attending the conference is India's Minister for Commerce and Industry, Minister Sharma, along with other senior Indian Ministers.
On Monday, the DETI Minister will meet with India's Minister for New and Renewable Energy, Minister Addullah to discuss the development of Belfast Harbour as a renewables hub for the offshore wind sector.
(JP/CD)
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Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
