UPSC CDS 2 2019 GK Paper

(C) Invest India was operationalised in early 2010, as a joint venture company between the Department of Industrial Policy and Promotion (DIPP) (35\% equity), Federation of Indian Chambers of Commerce and Industry (FICCI) (51\% equity) and State Govenment of India (0.5\% each).
The core mandate of Invest India is investment promotion and facilitation. It provides sector-specific and state-specific information to a foreign investor, assists in expediting regulatory approvals and offers hand-holding services.