Featured Article 27 Mar 2017

The Hindu
April 30 2016

India is set to overtake Japan in terms of the number of companies establishing base in Ireland, a top official said. Talking to The Hindu, John Conlon, Executive Vice President and Director of Asia Pacific, Investment Development Agency (IDA) Ireland, said: “Among Asia Pacific countries, Japan leads with 34 firms, India 30 and China 20. Very soon, India will overtake Japan. “We are focusing on firms dealing in life science, pharmaceuticals, IT and ITES space,” Mr. Conlon said.

In the last two weeks, officials of IDA Ireland, which is responsible for attracting and developing foreign direct investment in the European country, visited major cities and convinced almost 15 Indian firms either to set up base or expand the existing operations in the country. Currently, 30 Indian companies are operating in Ireland, employing about 3,000 people.

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