Brexit: Ireland invites Indian companies to increase investment footprint

Especially woos Indian enterprises operating in the UK and worried over Brexit

Ireland is wooing United Kingdom (UK) -based Indian companies increasingly worried over the impending economic challenges in serving the European markets after the UK's proposed exit from the European Union, or Bexit, following a national referendum in this regard.
 

While Irish Premier Leo Varadkar has said that the UK can enter a customs union with the EU or even a deep-rooted Free Trade Agreement (FTA), Indian companies are apprehensive about the changes in cross-border trade, corporate taxation and logistics after Brexit.

Amid all this, Martin D Shanahan, CEO of IDA Ireland — the nations investment promotion body — was in