Investors looking to invest $500 million or more will have designated person for clearances
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The department for promotion of industry and internal trade(DPIIT) has said that the investors who are looking to invest more than $500 million in India will get designated persons to facilitate clearances at various governance levels including the Centre. This is a joint initiative of the DPIIT and Invest India inspired by the Gujrat model. The details of the plan were given by the DPIIT secretary Guruprasad Mohapatra.