Richard Bruton (Dublin North Central, Fine Gael) | Oireachtas source

The target was set on the basis of the analysis carried out by Forfás supported by active industrialists in the sector. The strategy shows that the changing nature of globalisation is opening up opportunities. We are moving to a more personalised, customised form of manufacturing, which creates opportunities. This year, we are setting a target within the action plan of €500 million in additional global sourcing from within the supply chains of companies that are already in Ireland. There is a rich vein for us to develop here.

The target set is ambitious and we will work towards it. As the Deputy rightly says, it is about the implementation and rolling out of change. Lifting our companies is what we are seeking to do. I am fully committed to making this work.

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