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of <h1>India Approves 'Invest India' Non-Profit to Boost Foreign Direct Investments in Partnership with FICCI and State Governments.</h1> The Government of India has approved the creation of a non-profit company, 'Invest India,' to promote Foreign Direct Investments (FDI). This joint venture involves the Government of India, the Federation of Indian Chambers of Commerce and Industry (FICCI), and State Governments. Invest India aims to enhance India's appeal as an investment destination and facilitate foreign investors in identifying opportunities. The company will be managed by a board with members from DIPP and FICCI, and FICCI will hold a majority equity share. It will act as a primary reference for investors and undertake promotional activities to boost investment.
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