Invest India sets up cell to facilitate PM Narendra Modi's 'Make in India' campaign

NEW DELHI: In a bid to give a fillip to Prime Minister Narendra Modi's ' Make in India' initiative, Invest India has set up a dedicated facilitation cell at Ficci to act as primary support for all investment queries and for providing handholding and liaisoning services to investors.

The queries can now be addressed to and their responses accessed from the makeinindia.com website that was unveiled along with the campaign aimed at making India a manufacturing hub by Modi at a mega event here yesterday.

Invest India is a not-for-profit joint venture between the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry; state governments; and industry body Ficci.

Operationalised in early 2010, the company has been set up as the dedicated investment promotion agency (IPA) for attracting investments into the country in a structured, focused and comprehensive manner. It is the first point of reference for foreign investors, and investment promotion and facilitation constitute the core mandate of the company.

The Investor Facilitation Cell will provide handholding and facilitation services for attracting investments into the critical sectors of the economy.

The services include providing all information to investors across all sectors; follow up approvals from all departments of Government on behalf of the investor and the investing community; and receiving investors and providing them facilitation.

Moreover, it will also provide escort service from the point of arrival to departure; interact with all states in a Hub & Spoke Model and feed the investors with state policies relating to capital and investment.

The Facilitation Cell will also maintain a dynamic vibrant web-portal with all the policies and incentives of the state Governments and help fix meetings of the investors with different departments and agencies of the Government.

The government has already set up nodal offices in economic ministries and state governments to support the investor facilitation cell.

The investor facilitation cell team will comprise eight facilitators.