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'Invest India' bags UN's Investment Promotion Award

By TIOL News Service

NEW DELHI, DEC 08, 2020: THE Prime Minister, Mr Narendra Modi today congratulated Invest India, the central investment promotion and facilitation agency, for winning the 2020 United Nations Investment Promotion Award.

"Congratulations to Invest India for winning the 2020 United Nations Investment Promotion Award given by UNCTAD. This is a testimony to our government's focus on making India the world's preferred investment destination and improving ease of doing business," Mr Modi tweeted.

The United Nations Conference on Trade and Development (UNCTAD) on Monday recognised Invest India among the outstanding global investment promotion agencies.

The evaluation was based on UNCTAD's assessment of work undertaken by 180 national Investment Promotion Agencies across the world.

UNCTAD highlighted good practices followed by Invest India such as the Business Immunity Platform , Exclusive Investment Forum webinar series, its social media engagement and focus COVID response teams such as business reconstruction, stakeholder outreach and supplier outreach created as a response to the pandemic.

Invest India has also shared long-term strategies and practices being followed for investment promotion, facilitation and retention at UNCTAD's high-level brainstorming sessions.


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