This article covers the economic relationship between India and Ireland: bilateral trade in goods and services, the main items traded, companies active in each market, notable acquisitions, trade missions and the economic agreements in place. It is based on the Ministry of External Affairs (MEA) bilateral brief of May 2026, and figures are reproduced exactly as the brief gives them.

Bilateral trade

According to the MEA brief of May 2026, bilateral trade in goods and services between the two countries stood at 17,739 Million Euro in 2024 (January to December), with diversification in the import and export baskets. The brief cites the Central Statistics Office of Ireland as the source of this figure.

For trade in goods, the brief uses figures from India's Ministry of Commerce and Industry for April 2024 to March 2025:

  • India's total trade in goods with Ireland: US$ 5998.80 Mn
  • India's exports to Ireland: US$ 864.65 (the brief gives this figure without a unit)
  • Imports from Ireland: US$ 5134.15 Mn

The two sets of figures come from different sources, cover different periods and measure different things, so they should not be compared directly.

Main items of trade

The main items of India's exports to Ireland during April 2024 to March 2025 were:

  • Organic chemicals
  • Nuclear reactors, boilers, machinery and mechanical appliances, and parts thereof
  • Aircraft, spacecraft, and parts thereof
  • Articles of apparel and clothing accessories, knitted or crocheted
  • Rubber and articles thereof

The main items of imports from Ireland during the same period were:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts
  • Nuclear reactors, boilers, machinery and mechanical appliances, and parts thereof
  • Optical, photographic cinematographic measuring, checking precision, medical or surgical inst. and apparatus parts and accessories thereof
  • Plastic and articles thereof
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations

Investment and Irish strengths

The brief states that the Embassy of India has been encouraging Irish companies to engage in India's flagship programmes, naming "Make in India", "Digital India", "Clean India" and "Smart Cities". It identifies Ireland's strengths as lying in sectors such as agriculture, clean technologies, fin-tech, med-tech, aviation and tourism.

Irish companies in India

The major Irish companies with a presence in India named in the brief are CRH Taxback Group, Connolly Red Mills, Globoforce, Keventer, ICON, Kerry Group, Diageo and Glanbia.

Indian companies in Ireland

The major Indian companies with a presence in Ireland named in the brief are Pinewood/Wockhardt, Reliance Genemedix, Crompton Greaves, Deepak Fasteners, Jain Irrigation Systems, Shapoorji Pallonji, Amneal Pharmaceuticals, Wipro, TCS, Infosys and HCL.

The brief records two acquisitions:

  • In November 2020, TCS acquired 1,500 staff and select assets of Pramerica Systems Ireland (Co. Letterkenny), a subsidiary of Prudential Financial Inc.
  • In February 2021, Tech Mahindra acquired a majority (70%) stake in Perigord Life Science Solutions, an Irish firm providing digital workflow, artwork, labelling and BPO services, for €21 mn. The brief describes this as having had a positive impact on bilateral economic relations.

Trade missions and financial services

Irish Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitization, Mr. Jack Chambers, visited India from 14-23 February 2026 on what the brief calls a key trade mission to Delhi, Bangalore and Hyderabad. He met Union Minister for Communications Shri Jyotiraditya Scindia.

In March 2025, a high level delegation from the International Financial Services Centers Authority (IFSCA), Gujarat, led by its Chairman Mr. K. Rajaraman, visited Ireland.

State-focused promotion

Inspired by the spirit of Ek Bharat Shrestha Bharat, the Indian Mission in Ireland initiated several commercial, cultural and tourism promotion activities in September 2023. These focus on specific States of India and their sectoral strengths.

Economic agreements

An Agreement on Avoidance of Double Taxation between India and Ireland was signed in November 2000.