Former Intel India Head Nivruti Rai Is The New MD And CEO Of Invest India

Former Intel India Head Nivruti Rai Is The New MD And CEO Of Invest India

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Nivruti Rai, the former Intel India head, joined Invest India as the Managing Director and CEO of Invest India on July 12, the government informed on Wednesday. Invest India is a government investment promotion and facilitation agency that helps investors looking for investment opportunities and options in India. As per the statement, Rai assumed the position of Managing Director and CEO of Invest India succeeding Manmeet K Nanda, Joint Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), who had been serving as the interim MD and CEO since March 2023.

“Rai is the recipient of the prestigious Nari Shakti Puraskar for her remarkable contributions in the field of technology,” the government noted. 

Additionally, it also said that Rai joined Invest India after an illustrious 29 years at Intel as a global business and technology leader. She led Intel India as country head for the past seven years driving the growth and investment of the company’s operations in India.

“During her tenure at Intel India, she contributed significantly towards indigenous technology development, start-up ecosystem, electronics manufacturing ecosystem and policy formulation especially in the areas of critical and emerging technologies. She has been part of the leadership team in various industrial bodies and government committees and brings a wealth of experience in working closely with industry associations, business leaders and government leaders,” the statement said. 

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The board of Invest India is chaired by Rajesh Kumar Singh, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT).  The board of Invest India also comprises P K Tripathi, who serves as Secretary (Coordination) in the Cabinet Secretariat. Arti Bhatnagar, Additional Secretary and Financial Advisor at DPIIT, Md. Noor Rahman Sheikh, Joint Secretary at the Ministry of External Affairs. 

Industry leaders are part of the board as well, including Anand Mahindra, Chairperson of the Mahindra Group; Pankaj R Patel, Chairperson of Cadilla Healthcare; Harshvardhan Neotia, Chairperson of Ambuja Neotia Group.

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