Saturday, November 21, 2020

Invest India, UNDP identify 18 Investment Opportunities Areas across six critical SDG-enabling sectors

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New Delhi [India], November 21 (ANI): Invest India and the United Nations Development Program (UNDP) have distinguished 18 Investment Opportunities Areas (IOAs) across six basic SDG-empowering areas that can offset business gets back with synergist advancement sway.

On Friday, the UNDP and Invest India dispatched the SDG Investor Map for India spreading out 18 Investment Opportunities Areas (IOAs) in six basic SDG empowering areas that can assist India with pushing the needle forward on Sustainable Development.

"India involves a vital function in deciding the accomplishment of the SDGs, all around the world. Contribute India is satisfied to have cooperated with UNDP India to build up the first-since forever 'SDG Investor Map for India'," Deepak Bagla, CEO and MD, Invest India, said on the event.

He further stated, "This activity is an instrumental step in India's advancement direction, and I trust it couldn't have come at a superior time. We trust our information supported examination and bits of knowledge fill in as valuable plans to see how best the SDG financing hole can be limited in India."

One of the critical feature of the SDG Investor Map is that of the 18 IOAs recognized, 10 are now developed investable territories that have seen vigorous Private Equity and Venture Capital movement, and highlight organizations that have had the option to open scale and exhibit productivity.

Then, the excess eight IOAs are arising openings, which have seen footing from beginning phase financial specialists.

The guide has likewise recognized eight White Spaces, which have seen financial specialist intrigue and can possibly develop into IOAs inside a long term skyline. Be that as it may, these require further arrangement backing and private area cooperation to develop into monetarily alluring IOAs.

"The Map comes at a crucial time for India. With the rise of the COVID-19 pandemic, the financing hole for the SDGs in India has just extended further and many years of improvement progress is almost very nearly inversion. Putting resources into the SDGs now is significant to 'Working Back Better' and making the economy and our social orders stronger and economical," said Shoko Noda, Resident Representative, UNDP India. (ANI)

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