Zagreb School of Economics and Management - ZSEM hosted the masterclass lecture by Mr. Deepak Bagla, Managing Director & CEO of Invest India the presence of students, Ambassador Srivastava & Mr. Mato Njavro, Dean of ZŠEM. Mr. Bagla delivered an inspirational lecture in which he explained to the students the magnitude of change and transformation happening today in #NewIndia & emphasized the importance of India's "golden age dividend", since 53.6 % of India’s population is under the age of 29, of which, 25 % are under the age of 14, making India one of the youngest countries in the world.
Mr. Bagla further stated that Invest India has played an instrumental role in attracting some of the major companies and investors in setting up businesses in India. In the past eight years. 165 countries have invested over USD 523 Bn in 31 Indian states across 62 sectors of the economy. Invest India has played a pioneering role in facilitating this flood of investments. An interesting example of the kind of pathbreaking work done by Invest India is our role in helping establish a green-field manufacturing facility for wind power blades for the Danish wind power company Vestas. With our help, Vestas was able to set up their manufacturing plant in the country within 15 months – a record time for the company anywhere in the world! Another interesting example in the technology space has been in supporting Pegatron, one of Apple's largest contract manufacturers, with their greenfield expansion plans in the country. Invest India helped the company with their end-to-end application process and fast-tracked the company's Indian subsidiary incorporation within 30 days to ensure they were able to file the PLI (production-linked incentive) application within the one-month deadline. It has also been heartening to see how companies like Samsung are setting up their largest overseas mobile phone manufacturing facilities in India and have shown deep trust in the Indian market. Invest India has been supporting them and facilitating their journey every step of the way. All these examples illustrate Invest India’s exciting journey as the first port of call for companies wanting to invest in India and promote India’s role as the world’s most exciting major investment destination.