Invest Cyprus hosts roundtable discussion with Indian business leaders
Invest Cyprus hosts roundtable discussion with Indian business leaders
24/10/2024 8:58

Invest Cyprus recently convened a roundtable discussion with Indian business leaders, focusing on its Aftercare services designed to assist investors after their initial investments have been implemented. The event, held in collaboration with the Deputy Minister of Research, Innovation, and Digital Policy, Nikodemos Damianou, and the High Commissioner of India to Cyprus, Shri Manish, aimed to strengthen bilateral ties between Cyprus and India. Attendees shared valuable insights and experiences throughout their investment journeys.

Evgenios Evgeniou, Chairman of Invest Cyprus, pointed out the robust collaboration between Cyprus and India, particularly in the technology and services sectors. He highlighted Cyprus' potential as an investment hub, especially for Indian companies, and engaged with investors to explore strategies for enhancing the country’s attractiveness as a destination for investment.

In his address, Deputy Minister Dr. Nikodemos Damianou reiterated Invest Cyprus' crucial role in facilitating investments through continuous support for investors, particularly via Aftercare services. He outlined the advantages of Cyprus as an appealing investment destination, citing its strategic location, favourable legal framework, tax incentives, and advanced technological infrastructure.

High Commissioner Shri Manish underscored the importance of collaboration between Indian technology firms and Cyprus, describing the island as an ideal partner for Indian businesses looking to enter the European market. He pointed out areas for potential improvement, such as establishing a social security system for Indian professionals in Cyprus, facilitating skilled migration and mobility between the two nations, and fostering joint research initiatives in areas like cybersecurity, artificial intelligence, and big data.

With a long-standing relationship in technology and investments, Cyprus ranks among the top ten foreign investors in India. Invest Cyprus is committed to expanding bilateral economic ties, focusing on collaboration with Indian investors and continuously enhancing its Aftercare services.

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