Brief

Lessons in Investment Promotion : The Case of Invest India

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collection.link.157
https://openknowledge.worldbank.org/handle/10986/9388
collection.name.157
Miscellaneous Knowledge Notes
dc.contributor.author
Phillips, Joe
dc.contributor.author
Heilbron, Armando
dc.contributor.author
Kher, Priyanka
dc.date.accessioned
2021-07-27T20:39:24Z
dc.date.available
2021-07-27T20:39:24Z
dc.date.issued
2021-07-26
dc.date.lastModified
2021-07-28T05:10:44Z
dc.description.abstract
Foreign direct investment (FDI) can contribute significantly towards India reaching its aspiration of 8 percent growth per annum. Prior to 2009, India did not have a national dedicated organization with a specific mandate to promote and facilitate FDI. Invest India was then established, but it was not until 2015 that it was empowered to ramp up its investment promotion efforts, with the resources and reach to be fully active in the FDI marketplace. Invest India’s journey can be described against 9 critical success factors (CSFs) that chart how the agency responded to its challenges, to now deliver sustained success evidenced by facilitating USD 31 billion of FDI and direct creation of nearly 303,900 jobs. In part, Invest India has contributed to India’s stellar FDI performance in 2020, when the country reached another record of USD 64 million, against a global drop of 35 percent (UNCTAD 2021). While some challenges remain, Invest India’s journey provides valuable learnings for other investment promotion agencies (IPAs), which in the context of the Covid-19 crisis, will need to be in a period of review and reform.
en
dc.identifier
http://documents.worldbank.org/curated/en/979801625833848120/Lessons-in-Investment-Promotion-The-Case-of-Invest-India
dc.identifier.uri
http://hdl.handle.net/10986/36024
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Equitable Growth, Finance and Institutions Notes;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
INVESTMENT PROMOTION
dc.subject
CONFEDERATION OF INDIAN INDUSTRY
dc.subject
FOREIGN INVESTMENT ADVISORY SERVICE
dc.subject
FOREIGN DIRECT INVESTMENT
dc.title
Lessons in Investment Promotion
en
dc.title.subtitle
The Case of Invest India
en
dc.type
Brief
en
okr.date.disclosure
2021-07-26
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Brief
okr.docurl
http://documents.worldbank.org/curated/en/979801625833848120/Lessons-in-Investment-Promotion-The-Case-of-Invest-India
okr.googlescholar.linkpresent
yes
okr.guid
979801625833848120
okr.identifier.externaldocumentum
090224b0888286a9_2_0
okr.identifier.internaldocumentum
33254562
okr.identifier.report
161459
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/979801625833848120/pdf/Lessons-in-Investment-Promotion-The-Case-of-Invest-India.pdf
en
okr.region.administrative
South Asia
okr.region.country
India
okr.topic
International Economics and Trade :: Foreign Direct Investment
okr.topic
Macroeconomics and Economic Growth :: Investment and Investment Climate
okr.unit
EFI-FCI-TIC-Invest&Compet. (ETICI)

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