New Delhi, NFAPost: In a significant development for India’s investment landscape, Ms. Nivruti Rai has taken charge as the Managing Director & CEO of Invest India, the national investment promotion and facilitation agency. The baton was passed on to her by Ms. Manmeet K Nanda, Joint Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), who had been holding the position ad interim since March 2023.
Ms. Rai’s appointment has been eagerly anticipated, given her impressive track record and extensive experience in the technology sector. She brings with her an illustrious career of 29 years at Intel, where she served as a global business and technology leader. During her seven-year tenure as the Country Head for Intel India, she played a pivotal role in driving growth and investment for the company in the country.
One of her notable achievements during her time at Intel India was her contribution to indigenous technology development, fostering the startup ecosystem, and bolstering the electronics manufacturing landscape. Her expertise also extended to policy formulation, particularly in the critical and emerging technology sectors. Ms. Rai’s involvement with various industrial bodies and government committees provided her with valuable experience in collaborating with industry associations, business leaders, and government officials.
The accolades she has received speak to her remarkable contributions in the field of technology, with the prestigious Nari Shakti Puraskar being a testament to her outstanding achievements.
Invest India, envisioned by Prime Minister Shri Narendra Modi as an integral part of creating a New India, has gained widespread recognition for its tangible impact and instrumental role in executing the government’s flagship initiatives. Notable among these initiatives are Make in India, Startup India, National Single Window System, Project Monitoring Group, and the Prime Minister’s Science, Technology, and Innovation Advisory Council. The organization has effectively leveraged private sector expertise to bring the government’s vision to life, with a strong commitment to transparency, ethics, and corporate governance.
The Board of Invest India, chaired by Shri Rajesh Kumar Singh, Secretary of DPIIT, consists of distinguished members from various sectors. Notably, it includes industry leaders such as Shri Anand Mahindra, Chairperson of the Mahindra Group, and Ms. Debjani Ghosh, President of NASSCOM, among others.
With Ms. Nivruti Rai at the helm, Invest India is poised to further enhance its contributions to India’s economic growth, attracting investments and fostering an environment conducive to innovation and development. Her vision and leadership are expected to steer the organization towards new heights, aligning with the government’s objectives and bolstering India’s position as an attractive investment destination.
