Bruton leads investment mission to India

Minister for Jobs and 42 firms on five-day visit to Bangalore, New Delhi and Mumbai

Minister for Jobs, Enterprise and Innovation Richard Bruton is leading an investment mission to India today. Photograph: Aidan Crawley/The Irish Times

Minister for Jobs, Enterprise and Innovation Richard Bruton is leading an investment mission to India today. Photograph: Aidan Crawley/The Irish Times

Sat, Nov 16, 2013, 09:58

Minister for Jobs Richard Bruton will today begin five-day investment mission to India along with Enterprise Ireland and the IDA.

Some 42 Irish companies and higher education institutions will target sectors including technology, life sciences, financial services, engineering and education during the trip to Bangalore, New Delhi and Mumbai.

“Central to the Government’s plans for jobs and growth is driving an export-led recovery, and in the past two years we have seen a turnaround in employment in the exporting sectors of the economy,” Mr Bruton said.

“In the three years 2008-2010 Irish and multinational exporting companies lost more than 40,000 jobs, but since 2011 they have added well over 15,000 jobs.”

The Minister said each job added in companies in these sectors led to about one additional job elsewhere in the economy.

Key growth markets such as India were particular targets, he said.

This will be the 17th major trade and investment mission Mr Bruton has led in 32 months since the Government came into office in March 2011.