Union Minister Piyush Goyal inaugurates Invest India’s new office in Singapore

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.