Union Commerce and Industry Minister Piyush Goyal inaugurated Invest India’s new office in Singapore. The office will serve as a dedicated point of contact for companies from the region looking to invest in India, fostering collaboration across sectors.
What is Invest India?
- Invest India is the National Investment Promotion and Facilitation Agency of India, established as a non-profit initiative under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India.
- As part of the “Make in India” campaign, Invest India enables and supports investors in launching, operating, and expanding their businesses in India.
- Invest India serves as a one-stop center created to attract and retain high- quality investments in the country.
It offers investors,
- Comprehensive facilitation services,
- Strategic business advisory,
- Policy guidance,
- Location assessment,
- Issue resolution, and
- Expansion support.
Expectations
- This significant move reinforces India’s commitment to deepening investment part partnerships and making it easier for global investors to engage with India.
- The Singapore office will serve as a dedicated point of contact for companies from the region looking to invest in India, fostering collaboration across sectors
Significance
- It will provide comprehensive support to Singaporean Investors in various areas.
- Reinforces India’s commitment to deepening investment partnerships and making it easier for global investors to engage with India.
Remarks By Union Minister
- Singapore is a key strategic partner for India, and this office marks a new chapter in our efforts to strengthen economic cooperation with Singapore and the broader ASEAN (Association of Southeast Asian Nations) region.
- We plan to open more overseas Invest India offices in the coming months, aiming to provide global investors with seamless access to India’s dynamic and growing economy.