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India is a land of opportunity that places premium on enterprise and creativity.I invite you, the Overseas Indians, to make use of the investment and business opportunities that india now offers. This is the time for all of us to become strategic partners in India's progress. By Dr. Manmohan Singh, Hon'ble Prime Minister of India
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Spotlight: Healthcare Sector in India

The healthcare sector of India is estimated to reach US$ 100 billion by 2015, growing 20 per cent year-on-year (y-o-y), as per the rating agency Fitch. The industry is expected to touch US$ 280 billion by 2020, on the back of increasing demand for specialised and quality healthcare facilities. India is the most competitive destination with advantages of lower cost and sophisticated treatments...

Dated: Apr 29, 2013 | Categories: Healthcare
Spotlight: Agriculture Sector in India

Agriculture is the mainstay of the Indian economy because of its high share in employment and livelihood creation. More than half of the Indian population still relies on agriculture for employment and livelihood. During the past five years, agriculture sector has witnessed spectacular advances in the production and productivity of food grains, oilseeds, commercial crops, fruits, vegetables, fo...

Dated: Mar 25, 2013 | Categories: Others
Spotlight: Union Budget 2013-14

The Union Budget for 2013-14 has been announced by Mr P Chidambaram, the Union Finance Minister, in Parliament on February 28, 2013. Mr Chidambaram said that India is expected to become a US$ 5 trillion economy by 2025. The Government of India allocated Rs 1,000 crore (US$ 183.85 million) to extend skills of youth and is setting up 'Nirbhaya Fund' for girl child welfare as per the budget. Dur...

Dated: Feb 28, 2013 | Categories: Others
Spotlight: Pravasi Bharatiya Divas 2013

Pravasi Bharatiya Divas (PBD) is celebrated on 9th January every year to mark the contribution of Overseas Indian community in the development of India. This year 11th PBD convention held in Kochi, Kerala, to honor the contribution of Overseas Indian community in the development of India. Over 2000 delegates from over 40 countries participated in the PBD 2013. The conference had for the first t...

Dated: Jan 31, 2013 | Categories: Others
Spotlight: Education and Training in India

In India, education is the key to the task of nation-building. It is also a well-accepted fact that providing the right knowledge and skills to the youth can ensure the overall national progress and economic growth. The Indian education system recognises the role of education in instilling the values of secularism, egalitarianism, respect for democratic traditions and civil liberties and quest ...

Dated: Dec 31, 2012 | Categories: Education
Spotlight: Biotechnology in India

The Indian biotechnology sector is one of the fastest growing knowledge-based sectors in India and is expected to play a key role in shaping India's rapidly developing economy. With numerous comparative advantages in terms of research and development (R&D) facilities, knowledge, skills, and cost effectiveness, the biotechnology industry in India has immense potential to emerge as a global key p...

Dated: Nov 30, 2012 | Categories: Biotechnology
Spotlight: Indian Retail Industry

India has emerged as the fifth most favourable destination for international retailers, outpacing UAE, Russia, Indonesia and Saudi Arabia, according to A T Kearney's Global Retail Development Index (GRDI) 2012. "India remains a high potential market with accelerated retail growth of 15-20 per cent expected over the next five years," highlighted the report. The foreign direct investment (FDI) ...

Dated: Oct 30, 2012 | Categories: Retail
Spotlight: Aviation Industry of India

The aviation sector is one of the major economic drivers for prosperity, development and employment in a country. The rapidly expanding aviation sector in India handles about 2.5 billion passengers across the world in a year; moves 45 million tonnes (MT) of cargo through 920 airlines, using 4,200 airports and deploying 27,000 aircraft. Today, 87 foreign airlines fly to and from India and five I...

Dated: Sep 28, 2012 | Categories: Aviation, Infrastructure
Spotlight: The Indian Railways

The Indian Railways is the third largest developed rail networks in the world and the largest in Asia with a total network of about 64,000 kilometre (km) spreading across 7,000 stations, with more than 18,000 trains operating every day. Over 22 million passengers travel by trains everyday and around 2.5 million tonnes (MT) of freight is transported on a daily basis. It has 1.36 million employee...

Dated: Aug 30, 2012 | Categories: Infrastructure, Railways
Spotlight: Foreign Direct Investment (FDI) Policy of India

The Indian government is continuously working towards increasing foreign direct investment (FDI) flows into the country. The country enjoyed the second highest growth in FDI inflows in the world during 2011, which eventually generated over two lakh jobs. According to the Ernst & Young's (E&Y) 2012 India Attractiveness Survey, investors view India as an attractive investment destination. India s...

Dated: Jul 30, 2012 | Categories: Others
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Ministry of Overseas Indian Affairs
Confederation of Indian Industry
OIFC is a not for profit public private initiative between the Ministry of Overseas Indian Affairs (MOIA) and the Confederation of Indian Industry (CII) aiming at expanding the economic engagement of the Indian diaspora with India.