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| Invest NI chief visits Delta Print plants in India |
| Announcement / Corporate Sep 29, 2009, 20:12 IST |
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Invest Northern Ireland Chief Executive Alastair Hamilton praised the commitment of Delta Print and Packaging to growth through exports during a visit today to the Belfast company’s joint venture packaging business in India.
Mr Hamilton toured the Inpac Delta packaging operation at Sriperumbudur, near Chennai, during a week-long visit to India to promote trade and investment exchanges. The plant is the outcome of a strategic alliance between West Belfast-based Delta Print and Packaging, Inpac of China, its longstanding business partner, and Clarridge Moulded Fibres of Mumbai.
Said Mr Hamilton: “Delta Print has become a trail blazer for the Northern Ireland packaging industry through its sharp focus on building exports through strategic alliances in China and India, two global markets which are continuing to achieve impressive GDP growth rates during the current international recession.
“This Northern Ireland company is also at the forefront of packaging technology especially for key sectors such as mobile communications, fast food and healthcare. Over the years, the company has worked closely with international clients to create innovative packaging solutions that meet their specific needs.
“Delta is a progressive company which has used Invest NI assistance to support its export growth ambitions. Delta's strong customer focus and a willingness to take calculated business risks in international markets is enabling it to compete successfully in the huge and dynamicIndian and other international markets.
“It now offers a one-stop-shop for printed packaging that includes packaging design, logistics and fulfilment. The joint venture route is clearly a cost-effective route for a Northern Ireland company to develop a global reach and increase overall competitiveness.
“From the many meetings I’ve had with business leaders over the past week, I’ve gained a clearer picture of the opportunities that exist in India for Northern Ireland in terms of investment and trade. Delta Print is an excellent role model of a company that has been prepared to invest time and financial resources to exploit the opportunities that exist and are growing in one of the world’s fastest growing and most open markets,” he added.
Mr Hamilton said Invest NI’s Trade team in Belfast and in Mumbai was assisting local companies across a broad range of business sectors to harness opportunities in India.
“Delta Print is among a 30-strong group of Northern Ireland companies already doing significant business in India. The group includes Aesseal, Lisburn, CDE Ireland of Cookstown, Denman, Bangor, Crumlin’s Randox Laboratories, Powerscreen International, Dungannon, Terex Finlay and Telestack International, both from Omagh, Singularity, Londonderry, PWS Signs, Newry, Mivan, Antrim, SRS, Ballygawley, and Newtownards-based Pritchitt Foods.
“These companies have been quick to identify the business opportunities that India now offers and are positioned for faster growth there. Our aim is to see many more local companies seizing the business now developing there,” Mr Hamilton added.
About Invest Northern Ireland
Invest Northern Ireland is the business development agency for this region of the United Kingdom. It is responsible for securing new investment from overseas in the internationally traded services and niche manufacturing sectors. Focusing in particular on the financial services and ICT sectors, Invest NI works in partnership with public and private sector organisations to establish Northern Ireland as a high performance, high skilled and high value location for international business. Invest NI also works with Northern Ireland companies to promote international trade, increase competitiveness, entrepreneurship and harness innovation, helping to facilitate the creation of more and better quality business start-ups. Invest NI is headquartered in Belfast and delivers its services through a network of local and international offices including one in Mumbai, established in September 2007. Northern Ireland has secured investments from four major Indian IT & BPO companies, which between them have invested nearly USD 160 million and employ nearly 3,000 people:
- HCL Technologies Ltd
- Polaris Software Labs
- Firstsource Solutions
- Tech Mahindra
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