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Purpose & Description: FIPO is an investment and trade promotion and facilitating agency formed in 2007 for the economic development of NE India and its indigenous people. The region, also known as India\'s Mini ASEAN, has close cultural and ethnic affinity with the ASEAN nations. Considering the strategic location of the NE Region in the ever expanding Asian market along with the Government of India's 'new economic road-map' through 'Look East Policy' and 'Vision 2020', FIPO in partnership with global investors have pledged to enable the successful implementation for the region. Though FIPO by itself doesn\'t invest directly, it plays a major role in establishing proper business environment by creating awareness, capacity building, creating exchanges and training, promoting entrepreneurs and eventually monitoring for transparency and accountability. By promoting investments and seeking global partnerships FIPO maintains its commitment to local ownership and management through its frameworks. FIPO strengthens the process of enabling entrepreneurs to link up with global enterprises and at the same time promotes the positive factors of tribal indigenous society and tradition endeavoring to make the balance between global economic process and tradition indigenous values. FIPO being regulated by the policies under FIPB (Prime Minister's Office) delivers opportunities and establishes a stable medium to put across the NE Regions potential to the world community. In view of the enormous task ahead there is a strong need for technical and expertise partnership and cooperation with international organisations in the region. Today sustainable development and progress depends upon the knowledge of its resources and innovative mobilisation.It is the basic step that offers information and capacity for enterprise growth. It impacts every layer of the society; from the farmer to the urban entrepreneur giving them opportunities for linkages with partnerships,FIPO supplements the growing benchmark of innovative progress and enables every sector to participate with knowledge and capacity. Activities: FIPO (Foreign Investment Promotion Organisation) NE Region (India) is promoting the region with Vision 2020 to enable the development of its resources.NE Region of India accounts for 23% of forest cover for India and 35% of the nation's bio-diversity. It is unexplored, yet potential and NE India requires the active support from world organisations . FIPO is convinced beyond doubt
that NE region of India has vast resource potentials to offer
towards the global economic process and also share with the global
community their rich and unique culture and tradition. Under
the prevailing global economic recession, economic integration
based upon partnership and cooperation is the main bridge that
would enable the indigenous people to cross the line and integrate
with dignity into the global process and as such FIPO believes
in 'ECONOMIC INDEPENDENCE'. FIPO will be a good opportunity for
all indigenous people to strengthen their cultural, traditional
and enterprise ties through renewed partnerships. Contact: Mr. I Nochet Imcha |