‘Invest India’ launched to guide foreign investments into the country

• India’s credentials as a leading investment destination have received a major fillip with the economy set to clock a growth rate of 7.5% plus this fiscal and the projected return to a growth trajectory of 9% within the next two years, Mr. Anand Sharma, Union Minister of Commerce and Industry, declared here today.
• Speaking at the launch here today of the ‘Invest India’, a joint venture between the Department of Industrial Policy & Promotion (DIPP) of the Ministry of Commerce & Industry & FICCI and State Governments, Mr. Sharma said, “We need to take our growth to double-digit levels and ensure that the benefits of growth percolate to the people. This he, said would require huge quantums of investment.”