“Invest India” a Unique Not-for-Profit Company
In order to attract more foreign investments, India’s government has recently announced formation of a not-for-profit company ‘Invest India’. It will be a joint venture between the Government of India, FICCI and the State Governments.
Functions of ” Invest India”
- “Invest India” will act as the first reference point for any investor interested in India.
- It will facilitate in setting up business in the country, by making available sector-wise consultants and coordinating with the state governments.
- The unique feature of this company is the partnership between the private sector organization and Government of India and the state governments.
- This will seek to leverage synergies of all three as well as address their investment priorities.
Month: Current Affairs - September, 2009