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  Government of India set up the Overseas Indian Facilitation Centre (OIFC)

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With this aim, the Ministry of Overseas Indian Affairs (MOIA) has established a non-profit facilitation centre,
in  partnership  with  the  Confederation of  India Industry (CII) under  the title
Overseas Indian  Facilitation
Centre (OIFC)
.

The “Overseas Indian Facilitation Centre” will provide a host of investment and business advisory services
to potential overseas Indian investors. It will serve as a
“one stop shop” for the Indian Diaspora. The trust
will function  as a
non - profit  body with the objective  of promoting  Overseas  Indian  Investment in India
and facilitating  Business - to - Business partnership between Indian Business and Overseas Indians.

Objectives of Overseas Indian Facilitation Centre:

  • Promote overseas Indian investment into India and facilitate business partnership, by giving authentic
    and real time information.
  • Establish and maintain a Diaspora Knowledge Network by creating a database of Overseas Indians,
    who would act as knowledge diaspora and whose knowledge resources could be utilized by using
    ICT platform.
  • Function as a clearinghouse for all investment related information.This would be done by
    processing information on a real time basis through the ICT platform.
  • Assist States in India to project investment opportunities to overseas Indians in the infrastructure
    and social sectors. The objectives of the OIFC will be to bring the Indian States, Indian Business
    and potential Overseas Investors on the same platform and to facilitate the investors to
    identify the investment opportunities.
  • 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.

The Centre would also be providing various hand holding services to interested Overseas Indians who
want to invest in India. These services will be provided to Overseas Indians in the areas of FDI,
Taxation matters, Real estate, Financial market etc.

OIFC’s Website is:  http:www.oifc.in

 

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