Invest India wins UN Investment Promotion Award in sustainable development

Invest India wins UN Award for excellence in promoting investments in sustainable development: Details, Highlights

Invest India, India’s investment promotion body has won the United Nations (UN) Award for excellence in promoting investments in sustainable development.

The UN Award was presented by Armenian President Armen Sarkissian to CEO of Invest India Deepak Bagla at the World Investment Forum, Geneva.

Invest India received this award for excellence in servicing and supporting major global wind turbines company in establishment of blade manufacturing plant in India while committing to train local staff and produce 1 gigawatt (GW) of renewable energy. Implementation of this project is expected to reduce India’s wind energy cost significantly.

Besides, from Invest India, agencies from Lesotho (Lesotho National Development Corporation -LNDC), Bahrain (Bahrain Economic Development Board-EDB Bahrain) and South Africa (Invest South Africa) also won top honors at UN Investment Promotion Awards for excellence in strengthening investment into sectors having social and economic benefits and will help meet Sustainable Development Goals (SDGs).

About Invest India

Invest India is an official Investment Promotion and Facilitation Agency of Central Government. It is mandated to facilitate investments in the country.

Invest India is the first stops for potential global investors in the country. It has been set up as a non-profit venture under the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industries.

Invest India provides sector and state-specific inputs and other supports to investors through an entire investment cycle. Also, all efforts like hand-holding and facilitation support are made by Invest India under the Make in India programme.