Press Releases

Budget For NRIs Too
It is pertinent to recall the contribution that non-resident Indians (NRIs) make to the Indian growth story. Over the last decade, NRI deposits have more than doubled from US$ 25.2 billion in 2001-02 to US$ 58.6 billion in 2011-12. Remittances from Indians living and working overseas, under the head of 'private transfers', surged to US$ 66.3 billion in 2011-12, from US$ 15.8 billion just ten years ago. To further mobilise resources from NRIs into the country a special dollar-denominated investment option could be contemplated. Besides, there is need to encourage greater participation of NRIs in long term government and corporate bonds.

The 7th OIFC Market Place culminates at the annual Pravasi Bharatiya Divas
Post event press release
The seventh Market Place of Overseas Indian Facilitation Centre (OIFC), concluded successfully January 9, 2013 in Kochi. During the two day Market Place OIFC facilitated over 700 small and big B2B meeting with the various knowledge and state partners of OIFC. The OIFC pavilion saw a footfall of 1050 visitors many of whom who had queries about Indian Diaspora's engagement with India.

Hon'ble Prime Minister of India unveils OIFC's publication – 'India Supports Handbook for Overseas Indians to facilitate economic engagement'
Book Release
OIFC's publication – ‘India Supports: Handbook for Overseas Indians to facilitate economic engagement' is unveiled by the Prime Minister of India Dr. Manmohan Singh at 11th Pravasi Bharatiya Divas in Kochi. The publication, 'India Supports' gives an insight into various schemes and measures activities that the Government has developed keeping in mind aspects that would be useful for Overseas Indians.

The 7th OIFC Market Place set to bring to together the Overseas Indian community with Indian policy makers and businesses
Pre Event Press Release
The OIFC Market Place being organized for the 7th consecutive year is set to bring together the Overseas Indian community with Indian policy makers and businesses hence creating exclusive opportunities to develop their economic linkages with India.

India-Mauritius business round table during 6th Regional Pravasi Bharatiya Divas (PBD) convention in Mauritius (October 26-28, 2012)
Pre event press release
India-Mauritius Business Round Table (IMBRT) organised jointly by the Government of India and the Government of Mauritius in association with the Overseas Indian Facilitation Centre (OIFC) on Friday October 26, 2012 in Hilton Mauritius Resort & Spa.

India-Mauritius Business Round Table- A successful interaction between business leaders
Post event press release
The Business Round Table showcased a unique platform to connect the Indian Diaspora, Mauritian citizens and citizens of other countries about investment opportunities in India, Mauritius and Africa.