Invest India

FedEx ties up with Invest India for SMEs growth by providing global access

Express transportation firm FedEx on Monday said it has collaborated with Invest India to boost the growth of domestic small businesses by providing them with access to global markets, capacity building, and branding opportunities to support the central government's 'One District-One Product' (ODOP) initiative. FedEx said it will leverage its global network and logistics expertise to empower SMEs to access international markets and streamline shipping processes. The company said it aims to enhance brand visibility and product quality for artisans by leading webinars, workshops, and on-ground events in association with Invest India, enabling SMEs to showcase their unique products from India's diverse districts to international buyers. Collaborating with Invest India, FedEx will integrate ODOP clusters into its SME Connect platform to promote knowledge sharing and practical training for small businesses, it said. The One District One Product aims to promote a unique product from each

Govt to open Invest India office in Dubai to attract UAE investments: Goyal

The government has decided to open an office of Invest India in Dubai to serve as a dedicated point of contact for potential UAE investors seeking to invest in India, Union Minister for Commerce and Industry Piyush Goyal said on Monday. Goyal, who was addressing the media after the 12th meeting of India-UAE High-Level Task Force on Investment held here, also announced that the first overseas campus of the Indian Institute of Foreign Trade (IIFT) will be set up in Dubai, which will be a boon for the 3.5 million-strong Indian community residing in the UAE. During the meeting, co-chaired by Goyal and Sheikh Hamed bin Zayed Al Nahyan, Managing Director of Abu Dhabi Investment Authority, the two sides reviewed progress on several key initiatives and expressed satisfaction at the rapid pace of implementation. These initiatives include bilateral trade in local currencies, the integration of payment systems of India and the UAE, cooperation on Central Bank Digital Currencies, the launch of

IDA, Invest India partner for global trade fair on skill, education sector

India Didactics Association on Thursday said it has collaborated with Invest India for global trade fair -- Didac India, to boost investment in the country's promising education and skill sector. Invest India is the National Investment Promotion and Facilitation Agency that helps investors looking for investment opportunities in India, a statement said. According to the statement, with 13 years of success, Didac India is the largest event in Asia and the only one in India for educational resources and solutions for all levels and segments. India Didactics Association (IDA), a pan India association for the education and skills sector and Messe Stuttgart, a global exhibitor are jointly organising Didac India 2024. The upcoming 14th edition is set to take place from September 18-20, 2024 in the national capital. Aditya Gupta, CEO, IDA said this collaboration will help in creating new investment and growth avenues for the sector. "We are confident that the 14th edition of Didac India

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It's unprecedented time to invest in India, says PM Narendra Modi

Modi called upon the businessmen to focus on capacity building in India

AI has an opportunity cost, will help economy grow: Invest India CEO

The private sector, government and academia would have to come together and work on Artificial intelligence (AI) as it will help promote economic growth of many countries including India, Invest India Managing Director and CEO Nivruti Rai said on Wednesday. The chief of the trade and investment promotion agency also said that there is an opportunity cost of AI. But one has to look at issues like safety, security and privacy-related matters of AI. "AI is important. Many countries will see about 15 per cent of their GDP growth...anywhere between 5 to 15 per cent. I hope India will be on the higher number (side)...there is so much benefit to humanity. I really think health, education, and environment needs AI," she said here while speaking at the Global Technology Summit 2023. That is the opportunity cost, "so we all have to work together...the private sector, government, academia, all have to come together and build this," she added. However, she said that one has to make sure that

Investors can partner with India to participate in IMEEC: PM Modi

Prime Minister Narendra Modi on Tuesday said investors have an opportunity to partner with the country, and be a part of the India-Middle East-Europe Economic Corridor (IMEEC). Speaking after the inauguration of the Global Maritime India Summit here, Modi said India took the lead at the G-20 summit to form a consensus on the corridor. Very few countries are blessed with development, demography, democracy and demand, Modi said and invited global investors to be part of India's growth journey. He said whenever India's maritime capabilities have been strong in history, the country and the world have benefitted from it, and added that his government has been working to strengthen the maritime sector in the last 9-10 years. PM Modi inaugurated and laid foundation stones for port-related projects worth over Rs 18,800 crore at the third edition of the summit. He also launched the foundation stone for the Rs 4,539-crore Tuna Tekra all-weather deep-draft terminal at the Deendayal Port ...

Kuku FM raises $25 mn from investors; aims to expand content, improve tech

Company will use financing to expand its repository of Indian language audiobooks, podcasts, courses

Invest India to set up desks in all states to promote investment: Goyal

Officials of the Directorate General of Foreign Trade would be shifted to 'Invest India', which will set up trade and investment desks in each state of the country, Union Minister Piyush Goyal said here on Friday. These desks will promote investments and exports, he said, adding that work of the DGFT will be moved online so that no one will need to visit offices. Interacting with industry captains in Panaji in presence of Goa Chief Minister Pramod Sawant, the Union Minister for Commerce and Industry said Invest India, which was helping foreign investors, will now also help domestic investors. "They (Invest India) will encourage more investment and also partnerships between the industries. They will also do match making," Goyal said. Goyal said his ministry would be inviting 20-30 top pharma players to create four to five hubs of the sector in different states, including Goa. Efforts will be taken to expand pharma industries in states like Goa, Gujarat, Hyderabad (Telangana), Himac

Manmeet K Nanda appointed new managing director & CEO of Invest India

The board of Invest India has appointed Manmeet K Nanda as the Managing Director and Chief Executive Officer of the investment promotion and facilitation body under the commerce ministry. Nanda succeeds Deepak Bagla, who resigned from the post last week. In its meeting held on Monday, the board approved the appointment of Nanda, an IAS officer of the West Bengal Cadre of 2000 Batch, as the new MD and CEO, the Commerce Ministry said in a statement on Tuesday. Further, the board "appreciates Deepak Bagla for his exceptional leadership and commitment in establishing Invest India, a shining example of the government's unique experiment, as the world's most awarded Investment Promotion Agency, in a short span of eight years," the ministry said.

Deepak Bagla resigns as managing director and CEO of Invest India

Bagla was at the helm of Invest India since 2015. Earlier, he had stints at World Bank, Citibank, and private equity firm 3i Group

Uttar Pradesh delegation to visit US to attract investments for 'Invest UP'

The delegation will be interacting with the Indian diaspora on Dec 12 in New York. It will be followed by an Investor Showcase for the 'Uttar Pradesh Global Investor Summit 2023', on Dec13

Inflows to MF SIPs cross Rs 13K crore in October for the first time

Yet net investments in active equity schemes slump 33% in same month, shows Amfi data

HDFC Capital Advisors-backed property tech program gets 400 proposals

HDFC Capital Advisors, a subsidiary of mortgage lender HDFC, has raised over Rs 500 crore through global investors

DHL Supply Chain to invest 500-mn Euro in India over next 5 years

Contract logistics provider DHL Supply Chain will invest 500-million Euro (around Rs 4,000 crore) in India over the next five years to expand its warehousing capacity, workforce and sustainability initiatives. With this expansion, DHL Supply Chain will add 12 million sq ft of warehousing space in its existing portfolio to take its total capacity to about 22-million sq ft by 2026, the company said in a statement on Wednesday. The company will add this 12-million square feet of capacity in wholly-owned DHL multi-client sites in key metro cities such as Bangalore, Chennai, Kolkata, Mumbai, NCR and Pune, to cater to growing sectors such as e-commerce, retail, consumer, manufacturing as well as automotive. Moreover, multi-client sites are being built in the fast-growing state capitals and tier-2 cities such as Baddi, Cochin, Coimbatore, Guwahati, Sanand, Indore, Lucknow, Bhubaneshwar, Hosur, and Visakhapatnam, among others. It also plans to double its workforce in India to around 25,000

Centre proposes stricter valuation rules for overseas direct investments

New rules will be effective from Monday

Adani, Ambani make Rs 1.68 trn investment pledge in Rajasthan: Report

Under the 'Invest Rajasthan' outreach programme, Rajasthan received the biggest investment pledges from Gautam Adani-led Adani Group and the Mukesh Ambani-chaired Reliance Industries Ltd

Single bid for BPCL wouldn't have helped fetch a better price: DIPAM Secy

Tuhin Pandey says LIC investors should be patient and look at the insurer's long-term prospects

Chart check: ITC could jump 40% on fresh breakouts, may hit Rs 400-mark

Though ITC is 40 points short from its all-time high of Rs 315.25-mark, the present scenario on the daily and weekly charts point to a strong up move

ITC, Invest India join hands to find substitution for single-use plastic

ITC Ltd said it has collaborated with Invest India to crowdsource innovative ideas for single-use plastic substitution and automate waste segregation.