Nivruti Rai, managing director and CEO of the country’s investment promotion agency Invest India, is in the thick of things at a time when the government is going hammer and tongs to attract investments into the country and when Apple, Micron, VinFast and a slew of other companies are betting on manufacturing in India. In an interview with ET’s Dia Rekhi, Rai, a former Intel India head, talks about the countries and the sectors she is bullish on, her focus on increasing return on investment (RoI) for investors, and how her nearly three-decade-long stint at American chipmaker Intel is helping her in her new role and so on. Edited excerpts:
How has been your transition from Intel to Invest India?
It has been different but extremely exciting. At the time I was leaving, I felt I was leaving a star called Intel. Little did I know that a galaxy was waiting for me. We (at Invest India) are managing 25 unique sectors, but I have six sectors that are a priority for me – agriculture and food processing, electronics and semiconductors, auto and EV, clean energy as a focus with solar and digitalisation, pharma…particularly biosimilars, and education and tourism.
Read more on economictimes.indiatimes.com
What is your directive as Invest India head?
Our mandate is investments.