Invest India, the National Investment Promotion and Facilitation Agency of the Government of India, is set to host the 27th World Investment Conference (WIC) from December 11-14, 2023. The event, under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), promises to be a groundbreaking platform for global investment promotion and innovation stakeholders.
Theme: “Empowering Investors: IPAs Pioneering Future Growth”
This year’s conference will delve into the theme of “Empowering Investors: IPAs Pioneering Future Growth.” The focus is on discussing investment policies and trends, providing a unique opportunity for collaboration, trade, investments, and knowledge sharing.
Experience India Centre (EIC)
Union Minister of Commerce & Industry, Shri Piyush Goyal will inaugurate the Experience India Centre (EIC), a technological marvel showcasing India’s best across services, technology, and products. Delegates will have the chance to engage with leading startups, experience India’s rich culture through immersive means, and explore traditional arts like Madhubani, Katha, Warli, Mata ni pachedi, among others.
The WIC is poised to be the largest ever, with over 1000 attendees, 50 IPAs, and participation from various multilateral agencies. Key sessions include meetings of ‘IPAs of G20 Nations,’ the World Investment for Development Alliance (WIDA), and a roundtable on “The India Opportunity: Investing in an Emerging Economy Poised for Fast-Track Growth.”
Startup-Investor Connect Program
The conference will feature “The Startup-Investor Connect program,” facilitating connections between venture capital funds and international startups. This initiative aims to foster funding and showcase cutting-edge innovation.
Aligned with the overarching theme, the WIC will feature parallel sessions focusing on Agri-Food Processing, Energy/Infrastructure, Tourism, Automotive & Machinery, ICT/Technology, and Life Sciences. These sessions will provide detailed explorations of investment opportunities and trends within each sector.
Showcasing Indian Initiatives
During the conference, India will showcase key initiatives such as Make in India, PM Gati Shakti, and other measures aimed at ensuring ease of doing business.
World Association of Investment Promotion Agencies
Established in 1995 in Geneva, the World Association of Investment Promotion Agencies (WAIPA) is a non-governmental organization with a mission to empower and support investment promotion agencies globally. With over 120 member agencies representing more than 100 countries, WAIPA serves as a crucial bridge between the public and private sectors.
Important Questions Related to Exams
Q: What is the theme of this year’s World Investment Conference?
A: “Empowering Investors: IPAs Pioneering Future Growth.”
Q: What is the overarching mission of the World Association of Investment Promotion Agencies?
A: To empower and support investment promotion agencies globally.
Q: What key initiatives will India showcase during the conference?
A: Make in India, PM Gati Shakti, and other measures for ease of doing business.