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UNITED NATIONS DECLARES INVEST INDIA THE BEST INVESTMENT PROMOTION AGENCY FOR 2020

The United Nations (UNCTAD) has declared Invest India as winner of the Investment Promotion Award 2020. The award ceremony will take place on 7th December from UNCTAD Headquarters in Geneva.  

 

The COVID-19 pandemic led to several challenges for investment promotion agencies (IPAs) forcing them to shift focus from routine investment promotion and facilitation towards crisis management, notification of government emergency & economic relief measures, provision of crisis support services, and contribution to national COVID-19 business response efforts. In March 2020, UNCTAD constituted a team to monitor the response of IPAs to the pandemic and reported best practices which became the basis of the United Nations Investment Promotion Award 2020.  

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). 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. 

Proud of India’s National IPA @investindia! Congratulations on winning the UNCTAD Investment Promotion Award 2020!