Ms. Nivruti Rai assumed the role of Managing Director & CEO of Invest India on July 12, 2023. She succeeded Ms. Manmeet K Nanda, who had been serving as the Joint Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) and had taken on the additional charge of MD & CEO ad-interim in March 2023. With Ms. Rai’s appointment, she is now responsible for leading Invest India and its efforts in promoting investment and economic growth in the country.
About Nivruti Rai
- In addition to her new role as Managing Director & CEO of Invest India, Ms. Nivruti Rai has a remarkable track record in the field of technology.
- She was honored with the prestigious Nari Shakti Puraskar for her outstanding contributions in this field.
- Ms. Rai comes to Invest India after an impressive 29-year career at Intel, where she served as a global business and technology leader.
- During her tenure at Intel India, she held the position of Country Head for seven years, playing a key role in driving the growth and investment of Intel in India. Her efforts have been instrumental in fostering indigenous technology development, nurturing the start-up ecosystem, promoting electronics manufacturing, and shaping policies related to critical and emerging technologies.
- Ms. Rai’s expertise extends beyond the corporate realm, as she has actively participated in various industrial bodies and government committees.
- Her wealth of experience in collaborating with industry associations, business leaders, and government officials makes her a valuable asset to Invest India in promoting investment and fostering economic growth in the country.
About Invest India
Invest India is the National Investment Promotion and Facilitation Agency of India. It is a non-profit venture under the aegis of the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India.
- Invest India’s mission is to attract and retain high-quality investments in India. It provides sector-specific and state-specific information to foreign investors, assists in expediting regulatory approvals, and offers hand-holding services.
- Invest India was formed in 2009 under Section 25 of the Companies Act 1956. The Government of India holds 49% equity in Invest India, while the Federation of Indian Chambers of Commerce & Industry (FICCI) holds the remaining 51%.
- Invest India has a network of offices in 25 countries around the world. It also has a presence in all major cities in India.
- Invest India, established with the vision of Prime Minister Shri Narendra Modi for a New India, has earned widespread recognition for its significant contributions and vital role in implementing several of the government’s flagship initiatives. These initiatives include Make in India, Startup India, National Single Window System, Project Monitoring Group, and the Prime Minister’s Science, Technology, and Innovation Advisory Council.
- As an organization, Invest India effectively harnesses the expertise of the private sector to bring the government’s vision to fruition.
- It operates with utmost transparency, adheres to strong ethical principles, and upholds high standards of corporate governance.
- Through its collaborative approach, Invest India plays a crucial part in fostering economic growth, promoting investment, and driving forward the development agenda of the country.
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FAQs
What is Invest India?
Invest India is the National Investment Promotion and Facilitation Agency of India. It is a non-profit venture under the aegis of the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India.
What is the mission of Invest India?
Invest India’s mission is to attract and retain high-quality investments in India. It provides sector-specific and state-specific information to foreign investors, assists in expediting regulatory approvals, and offers hand-holding services.
