The United Nations Conference on Trade and Development (UNCTAD) has announced ‘Invest India’ as the winner of the United Nations Investment Promotion Award 2020. The award ceremony took place on Monday at the UNCTAD headquarters in Geneva. The award recognizes and celebrates the exceptional achievements of the world’s investment promotion agencies.
The evaluation was primarily based on UNCTAD’s assessment of work undertaken by 180 national investment promotion agencies across the globe. “UNCTAD highlighted good practices followed by ‘Invest India’ viz., the Business Immunity Platform, Exclusive Investment Forum webinar series, its social media engagement and focus COVID-19 response teams,” the commerce ministry stated.
National investment promotion and facilitation agency Invest India has also shared lengthy-term techniques and practices becoming followed for investment promotion, facilitation and retention at UNCTAD’s higher-level brainstorming sessions, it added.
“The award is testament to PM Narendra Modi’s vision of making India a preferred investment destination with a focus on both ease of living and ease of doing business. It bears testimony to his focus on bringing excellence within the government,” Deepak Bagla, MD & CEO, Invest India, stated.
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