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1.The Ministry of Overseas Indian Affairs has set up an Overseas Indian
Facilitation Centre (OIFC) as a not-for-profit-Trust under the Indian
Trust Act, 1882 in partnership with Confederation of Indian Industry
(CII). The Centre will be a one-stop-shop for serving the interests of
the Overseas Indian Community and has the mandate to cover two broad
areas viz: Investment Facilitation and knowledge Networking.
2. The objectives of the Centre are:-
(i) Promote Overseas Indian Investment into India and facilitate
business partnership by giving authentic and real time information;
(ii) Function as clearinghouse for all investment related information.
This would be done by processing information on a real time basis through ICT
platform;
(iii) Establish and maintain a Diaspora Knowledge Network (DKN) by
creating a database of Overseas Indians, who would act as Knowledge Diaspora and
whose knowledge resources could be using ICT platform;
(iv) The objectives of the OIFC will be to bring the Indian States,
Indian Business and potential Overseas Indian Investors on the same platform and to
facilitate the investors to identify the investment opportunities;
(v) Provide a host of advisory services to PIO and NRIs. These could
include matters such as consular questions, stay in India, investment and financial
issues etc.
3. The OIFC was formally launched on 28th May, 2007 with the signing of MoU
between the MOIA and CII. The Centre is being managed by the CII. Further details
for the CII may be obtained from Ms. Subha Rajan, CEO, OIFC, Plot No. 249-F, Sector
18, Udyog Vihar, Phase-IV, Gurgaon-122015, Haryana, India. The Pravasi Bharatiya
Divas meeting held at New York on 23rd September, 2007 was held under the aegis of
OIFC. Recently, OIFC also successfully organized the Market Place during PBD 2008,
at New Delhi.
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