Only 6-month extension for Invest India CEO as key decisions under scrutiny
On July 19, 2023, Nivruti Rai, who had been appointed as the Managing Director and CEO of Invest India, received a six-month extension to her position. This extension came after a series of scrutiny by auditors, internal committees, and senior officials within the Commerce and Industry Ministry. Rai, a 29-year Intel veteran who received the prestigious Nari Shakti Puraskar, was initially given a three-year tenure upon her appointment.
The extension was granted until January 2027. Invest India, a not-for-profit organization established under public-private partnership in 2009, is overseen by the Department for Promotion of Industry and Internal Trade under the Commerce and Industry Ministry.
Written by urgent.news from The Indian Express's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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