Profile
- Creation of the OIFC has been on the anvil for a long time following complaints about lack of information and demands for such a body from Overseas Indians across the world.
- OIFC was set up in the year 2007 as a Public Private Partnership between the Ministry of Overseas Indian Affairs & the CII, with the objective of helping Overseas Indians to expand their economic engagement with India.
- Facilitation Centre
Mandate
- Promote Overseas Indian investments into India and facilitate business partnerships
- Establish and maintain a Diaspora Knowledge Network
- Function as a clearing house for all investment related information
- Assist Indian States to project investment opportunities
- Provide advisory services to PIOs and NRIs
Activities
- Information dissemination through Publications, Business Networking Portal & Newsletters
- Outreach & Consulting: Query addressal of Overseas Indians and facilitation with the support of Knowledge Experts
- Diaspora Engagement Meets, Road Shows and Business Forums, in India and abroad.
- Projection of State Investment Opportunities.
Business Networking Portal: www.oifc.in
Features include:
- 16X5 live help online facilitation
- ‘Ask an Expert’ services
- India Connect: Monthly Newsletter. Features sector specific updates and relevant information on economic developments and policy announcements
- India Update: Fortnightly update on news highlights for the diaspora
- Easy interactive investment toolkit
- Sectoral updates and investment opportunities
Achievements of OIFC
- Successful addressal of more than 7700 queries of the Indian diaspora with the support of knowledge experts.
- Establishment of contacts with over 6000 Overseas Indians through various Road Shows and Business Forums held in Caribbean, India, North America, Middle East, South Africa, Singapore, and UK.
- 23,000 + subscribers of the monthly e-newsletter “India Connect’.
- Compiled 5 publications for the benefit of Overseas Indians:
- Homeward Bound- A regulatory and investment handbook for Overseas Indians - 2011
- Investment Toolkit for Overseas Indians – 2010
- Guidebook on Taxation – 2009
- Guidebook for FDI in India – 2009
- Ready Reckoner for Overseas Indians – 2008
- 9 State Governments as partners: Assam, Bihar, Gujarat, Jharkhand, Karnataka, Kerala, Punjab, Odisha and Rajasthan.
- The OIFC Model is being studied by different countries
- Vietnam- Delegation from Ministry of Industry & Trade
- Georgia – Visit by State Minister of Georgia on Diaspora Issues
- Kazakhstan
- Jamaica
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| MOIA provides information, partnerships and facilitations for all matters related to Overseas Indians |
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| CII is a non-government, not-for-profit, industry led and industry managed organisation |
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