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Jersey Trade Mission welcomed by Indian business leaders

15 February 2008

Jersey’s Trade Mission to India has been welcomed by business leaders there. The
Chairman of Indian’s largest business organisation, the FICCI, and CMD for Camlin Ltd, Dilip Dandekar, said:
“We are amazed at Jersey’s entrepreneurial excellence which has led to its becoming strong in areas like financial services, tourism, electronic commerce and agriculture. I am sure Indian businessmen would benefit immensely by setting up their service industry in Jersey, as this would not only benefit its economy but also allow Indian businessmen access to European markets.”

Infrasoft Technologies has already set up an office in the island, where it employs and trains local staff. The firm’s Managing Director, Hanuman Tripathi, said this week: “We have had a very positive experience establishing business in Jersey for many years now. The government officials in Jersey are not only courteous and devoid of red tape, but also welcome positive business models that promote trade and help the society at large.”

The President and CEO for Dun and Bradstreet Information Services, and Executive Committee member of the FICCI, Mr M. P. Vaish, said: “Jersey is an ideal investment destination for Indian businessmen as it provides a business-friendly environment without ambiguous laws and unfair trade practices. The island offers an excellent digital and wireless network and a robust, sophisticated business support infrastructure.”

The trade mission is being led by the Minister for Economic Development, Senator Philip Ozouf, who says it’s vital that Jersey looks for business opportunities in emerging markets. “I have already been impressed with the opportunities for Jersey businesses in India and also Indian businesses like Infrasoft Technologies in Jersey. I am determined to boost Indo-Jersey trade which can benefit both India and Jersey.”

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