TNPSC Thervupettagam

UN Award for excellence

October 26 , 2018 2227 days 880 0
  • Invest India, the country’s investment promotion body, has won the United Nations (UN) Award for excellence in promoting investments in sustainable development.
  • It has been awarded for excellence in servicing and supporting major global wind turbines company in establishment of blade manufacturing plant in India.
  • The award was presented by Armenian President Armen Sarkissian to CEO of Invest India Deepak Bagla at the World Investment Forum, Geneva.
  • Other winners of the award were:
    • Bahrain Economic Development Board
    • Lesotho National Development Corporation and
    • South Africa (Invest South Africa)

UN Investment Promotion Award

  • The awards are given annually by United Nations Conference on Trade and Development (UNCTAD).
  • It has been awarded since 2002 as part of its investment promotion and facilitation programme.
  • It honours Investment Promotion Agencies (IPAs) and their governments for their achievements.
  • The 2017 winners were Ethiopian Investment Commission, COFIDES of Spain, and Board of Investment of Mauritius.

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