Ireland is looking to collaborate with sandboxes in India
Ireland is looking to collaborate with sandboxes in India, to provide Irish companies a test bed for their offerings and learn about the India market, as Irish companies are increasingly setting up presence in India, said Jenny Melia, Executive Director, Enterprise Ireland.
The Irish government is undertaking a trade visit to India this week, which commenced in Bengaluru on Monday. The trade visit is being organised by Enterprise Ireland, the Irish government’s trade and innovation agency, and other agencies. The visit is being led by Minister for Enterprise, Trade and Employment, Simon Coveney TD.
“One of the things that would be very interesting for us in Ireland is to look at some of the sandboxes that are established in India and see how we might be able to engage some Irish companies in those sandboxes and use that to test their offer in a very structured environment, and learn more about the Indian market and understand what’s really important in terms of doing business here,” Melia told businessline.
EMERGING TECH
Through the collaboration, companies could test emerging technologies. The sandbox model will provide opportunities for hosting inward buyer events with Irish users and testers, and facilitating facetoface matchmaking with companies through Enterprise Ireland, she added.
She further added that Ireland is seeing interesting movement in the Indian fintech industry, as there has been rapid adoption of digital technologies in India by the financial services sector at large. Melia also underscored the significance of aviation, and medical technology industries in India and Ireland.