Investment Opportunities Showcased at Inaugural Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum
The Department of Commerce and Invest India recently organized a meeting to showcase various investment opportunities in India at the inaugural Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum. The event brought together industry leaders who expressed the significance of promoting economic cooperation in the Indo-Pacific region.
One of the key highlights of the forum was the emphasis on industries working together to address challenges and create new opportunities for growth. The importance of a clean economy and supply chain resilience was also underscored, highlighting the need for sustainable practices in today’s business landscape.
During his inaugural address, Secretary of the Department of Commerce, Sunil Barthwal, highlighted India’s impressive growth rate and the trend of ‘reverse flipping’, where Indian start-ups are now returning home for capital access and tax benefits. He also emphasized the role of the digital economy and emerging technologies in driving future growth in India.
Indian High Commissioner to Singapore, Dr Shilpak Ambule, focused on the fundamentals driving Indian growth, including investments in physical and digital infrastructure. He also mentioned the legislative and regulatory changes that have created a pro-market environment, providing a conducive policy landscape for investors.
Invest India showcased various government flagship initiatives aimed at promoting a flourishing startup ecosystem, skilled professionals across diverse industries, investments in infrastructure projects, and policy reforms to streamline regulations and improve Ease of Doing Business. MD and CEO of Invest India, Nivruti Rai, highlighted India’s commitment to collaborating with investors, clean economy firms, and innovative startups to drive sustainable infrastructure and renewable energy projects to meet Net Zero targets.
The event was a significant step forward in promoting economic cooperation in the Indo-Pacific region, with industry members emphasizing the importance of collaboration to address challenges and create opportunities for growth. The focus on a clean economy and supply chain resilience further highlighted the need for sustainable practices in today’s business world.
Overall, the meeting showcased the vast investment opportunities in India and the country’s commitment to driving sustainable growth through collaboration, innovation, and a focus on clean economy practices. It was a forum that brought together industry leaders to discuss and explore ways to create a more prosperous and sustainable future for the region.
