India, February 28, 2014 – IDA Ireland, the Irish Government’s foreign investment agency, today announced that it has appointed John Kilmartin as the Director of India business. His role involves spearheading the Indian operations of the IDA Ireland organisation which involves promoting Ireland as an operations base for Indian companies expanding their presence in European markets.
John Kilmartin joined IDA Ireland in July 2007. Prior to being appointed to lead the IDA India team, John held a number of roles including Business Development Manager in the Emerging Companies Division where he was responsible for assisting high growth companies to set-up operations in Ireland.
On his new appointment John Kilmartin, Director for India business, IDA Ireland said ‘Indian companies are increasingly assessing Ireland as an attractive investment destination. As part of my new role, I look forward to strengthening IDA Ireland’s outstanding position in the Indian Corporate mind-set.’ Prior to joining IDA Ireland, John was a Technology Consultant with Deloitte Consulting for 7 years where he was involved in numerous projects such as Oracle systems development, System implementations, Change Management, Strategy Definition and Project Management. John holds a Degree in Common Law and MBS (Masters in Business Studies) in Managerial Accounting and Managerial Information Systems from University College Cork.
Barry O’Leary, CEO of IDA Ireland commenting on John’s appointment said “India is a strategic market for IDA Ireland and is thus being accorded high priority within the organisation. We are confident that John’s leadership skills and experience will hold us in good stead in the Indian market and his tenure will help establish the investment credentials of Ireland among Indian corporates.”
Ireland is home to world leaders in sectors such as ICT, life sciences, technology, medical device manufacturing, financial services. Its attractive 12.5% corporation tax rate, English speaking knowledgeable workforce and track record makes Ireland a competitive location for Indian companies, validated by investments from Indian companies such as GTL, HCL, Aditi Technologies Wockhardt, Reliance Lifesciences, Crompton Greaves, Tata Consultancy Services, SFO Technologies, Ranbaxy, DQ Entertainment amongst others. As of 2012 report, bilateral trade between Ireland and India reported for the period 2008-2010 was worth more than €2.3 Billion.
About IDA Ireland
Ireland’s inward investment promotion agency, IDA Ireland (Industrial Development Agency) is responsible for the attraction and development of foreign investment in Ireland. IDA assists Indian companies to locate into Ireland to expand their presence in European markets. It helps Indian companies to find the right location to suit their needs/ecosystem relevant to their activities. They introduce companies to tax advisory firms and recruitment agencies. Their services are totally free and confidential and they do not share any information with anyone.
For more information please visit www.idaireland.com www.idaireland.in