I've spent most of this year reporting on/ commentating on/ discussing bad news so it's a pleasure to talk today about something that is nothing but good news, the arrival in Manchester of Aegis, a leading global business process outsourcing provider. They're headquartered in Mumbai, but they're not here to take lots of jobs from here to there. They're here to create six hundred brand new jobs, jobs that haven't been moved from anywhere, and to recruit local, Manchester people to do them.
That's the plan for the next 18months/two years but their track record wherever else they have set up has been to grow rapidly. That has to be our hope for here as well and that six hundred will grow into thousands. One of our Manchester family of companies, MIDAS, has been very actively involved with UKTI in securing this inward investment, and they will now play an active role in providing ongoing support.
Today Aegis Global CEO, Aparup Sen Gupta, was in town for the announcement along with a number of other very senior staff from the company, which says something about the significance of this, their first European base. The investment was won in competition with many other cities, and demonstrates once again that Manchester has the ability to compete on the world stage. The major task now is to ensure that Aegis's investment is successful, because that is the route to yet more investment and more jobs.