Overseas Indian Facilitation Centre: One-Stop Live Investment Facilitation From Start to Finish

OIFC has a three-fold mandate of: Promoting investments into India, catalysing business to business partnerships, and enabling knowledge exchange. Its Live Help facility sets it apart from others by providing one-to-one with facilitators.
By: Abhijit Banerjee
 
Feb. 13, 2010 - PRLog -- The Overseas Indian Facilitation Centre, a not for profit public private initiative of Ministry of Overseas Indian Affairs (MOIA) and Confederation of Indian Industry (CII), was set up to expand the Indian Diaspora’s entrepreneurial ties with India. At the Pravasi Bharatiya Divas held in New Delhi between January 7 and 9, the Centre was re-launched by the Prime Minister, Dr Manmohan Singh.

A one-stop shop to help overseas Indians invest in India


The Overseas Indian Facilitation Centre (OIFC) is a one-stop shop to help overseas Indians invest in India and partner in India’s development.

Live Help facilitation

The OIFC website offers live help facilitation for one-to-one interaction with its facilitators.

OIFC’s handpicked trusted knowledge experts answer specific queries and handhold investors to make the right investment decision. Its professional consultants add value to decision making and offer customised solutions as per the investment needs.

From query answering to last mile handholding, the knowledge partners cover every stage of setting up a business in India, ranging from procedural requirements to market entry strategies, tax and legal advisory services, to opportunity analysis and actual business launch.

Consultative, advisory and handholding services

OIFC offers a wide range of consultative, advisory and handholding services for business and investment facilitation. It connects investors and entrepreneurs to a cross-section of innovative businesses, products and services, and involves a careful process of qualification and verification, to ensure that only the most credible and trusted business partners reach you.

Contribution of the Indian Diaspora

The contribution of the Indian Diaspora to their state of origin has been made in various ways, through remittances, Foreign Direct Investment (FDI), transfer of knowledge and entrepreneurial networks. The Indian Diaspora today is the largest in the world today after China, and is spread across every country in the world.

Covers broad areas of investment in India

With the objective of bridging the gap between the Overseas Indians and India, OIFC has a mandate to cover broad areas: investment facilitation, knowledge networking and ensuring business-to-business partnerships in focus sectors like real estate, wealth management, taxation, legal, healthcare, education, energy & environment, Information & communication technology and infrastructure.

The key objectives of OIFC are:

•   Promote and create awareness of OIFC to the Indian Diaspora
•   Promote overseas Indian investment into India and facilitate business partnership by giving authentic & real time information
•   Establish and maintain a Diaspora Knowledge Network by creating a database of Overseas Indians
•   Function as a clearing house for all investment related information
•   Assist States to project and promote investment opportunities to overseas Indians in key focus sectors.

In line with the above objectives, OIFC provides the following services:

•   To appraise the Indian Diaspora with the up-to-date investment opportunities existing in India and provide hand-holding services via its knowledge partners
•   To provide customized services in the form of finding sector and state specific investment projects, preparing feasibility reports and organizing and assisting in overseas road shows to attract FDI
•   To assist in effective business-to-business partnerships
•   To maintain a strong Diaspora Knowledge Network
•   To provide consular services in the long run

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The Overseas Indian Facilitation Centre (OIFC) is a not-for-profit public private initiative between the Ministry of Overseas Indian Affairs (MOIA) and Confederation of Indian Industry (CII). It provides a single-window facilitation services to Overseas Indians, for partnering in India’s development.

http://www.oifc.in/
End
Source:Abhijit Banerjee
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Tags:Overseas Indian Facilitation Centre, Investment, Investment Facilitation, Business, Oifc
Industry:Business
Location:India
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