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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:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
