About Invest India:
- It is the National Investment Promotion and Facilitation Agency of India and acts as the first point of reference for investors in India.
- It was set up as a non-profit venture under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India.
- It facilitates and empowers all investors under the ‘Make in India’ initiative to establish, operate, and expand their businesses in India.
- The agency aims at sector-specific investor targeting and development of partnerships, thereby channelising sustainable investments in the country.
- It is also engaged in developing partnerships with investment promotion agencies and multilateral organisations.
- Its domain and functional experts provide sector- and state-specific inputs and hand-holding support to investors through the entire investment cycle, from pre-investment and decision-making to after-care.
- It provides multiple forms of support, such as market entry strategies, deep dive industry analysis, partner search and location assessment, and policy advocacy with decision makers.
- Headquarters: New Delhi
Key Facts about National Start-up Advisory Council:
- It was constituted by the DPIIT under the Union Ministry of Commerce and Industry.
- Objective: To advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large-scale employment opportunities.
- Composition:
- Chairman: Minister for Commerce & Industry.
- Ex-officio Members:Nominees of the concerned Ministries/Departments/Organisations not below the rank of Joint Secretary.
- Besides the ex-officio members, the council has non-official members, representing various stakeholders such as founders of successful startups and veterans who have grown and scaled companies in India.
- It is a one of its kind congregation wherein the policy making process is driven as part of collaboration between all the key stakeholders of the startup ecosystem.
- NSAC is playing an important role in identifying areas of intervention for the expansion of the startup ecosystem and ideating and nurturing national programs under the Startup India initiative.
