Invest India’s policy tool to help investors navigate state rules
Invest India is building a tool called I-chat policy with an idea to incorporate the policies and regulations of India's 28 states and make them available to investors through a common platform. It will soon add details of union territories as well.
«This has been rolled out as a pilot internally. But the larger goal is to enhance the ease of doing business for an investor,» Invest India chief Nivruti Rai told ET.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisit<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-107800628»>«Investors can come and say I'm going to invest in automotive tyres; show me the incentives from different states. It will make the list table of, say, five states and say these are the policies,» she explained.
And it will not just be for use in India, Rai said, adding that plans were afoot to work with Brazil and a few other countries to incorporate their policies and train the model to compare policies across countries as well.
The platform which has been developed in partnership with a startup is also going to be used internally and that every month, the organisation would publish the sectors that are important which are driving investments.
«We intend to work with Brazil and a few other countries to incorporate their policies and train the model to compare policies across countries. So Brazil can use it for Brazil, but Brazil can also use
