The Federation of Indian Chambers of Commerce and Industry (FICCI), the apex chamber of commerce in India, has long been a bellwether for Indian business and industry. In the late 90s, during the first decade of India’s economic reforms, and in keeping with its leadership role in India’s business and economic landscape, FICCI organised the Global Indian Entrepreneurs Conference in New Delhi to introduce the global investment community to the potential of the Indian economy in terms of talent, markets, opportunity and growth.
Subsequently in 2010, FICCI operationalised India’s official investment promotion agency (IPA), Invest India, as a means to provide operational support to business seeking to invest in India. Opened in partnership with the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India and the state governments to bolster the inflow of foreign direct investment (FDI) into the country, Invest India is the government-nominated IPA for India and is the first point-of-reference for investors seeking guidance on doing business in India.
FICCI, through Invest India, is now pleased to announce the first edition of the Global Indian Business Conference (GIBC), with the intent of providing a platform to the global investment community to connect with stakeholders in India. A one-day programme, the investment interaction is designed to showcase investment opportunities across key sectors in India and to highlight Central government initiatives on improving the enabling environment for investors. Sessions will include sector-specific granulated discussions for a better understanding about policies, incentives, compliance norms, time lines and other practical requirements. In short, GIBC is about finding a way to do business better in India and is a well-timed opportunity to bring back investor confidence in India through dialogue between industry, government and other stakeholders.