About Us

Welcome to

Foreign Investors Council

FIC was founded in the form of a trust in 2020 in Bengaluru India. FIC is a voluntary and non-governmental non-profit organization based on freedom of association of several natural or legal persons, founded to achieve and promote a specific mutual and general goal and interest. Among other things, FIC aims to encourage the improvement of the business climate by proposing concrete reform proposals, and represents, expresses and promotes the mutual opinions of its members in order to promote the mutual interest and improve business conditions in Karnataka State.

Through its activities, FIC develops business in Karnataka , represents its members, improves communication with governmental bodies and also promotes the interests of the international business community in Karnataka. Although our members are companies, not individuals, FIC collects and uses personal data relating to individuals as part of our activities, in order to manage membership and conduct our activities.

More About FIC

  • Established in 2020 post covid19 as a promoter of the investment conducive business environment and solid business ethics for the state of Karnataka.
  • Over 87 members, gathering expertise from various sectors and industries.
  • FIC members are a driving engine of state economy
  • Collects and shares practice and expertise from all around the globe, from EU and USA to China and Russia and with representation in 42 countries.
  • Gives concrete and practical recommendations on how to improve business climate in the State.
  • Never stands behind interests of specific company or a business group as every initiative has to be agreed by members within relevant committees and endorsed by the Board of Advisors
  • Promotes sound business ethics
  • Actively supports economic integration to neighboring states and has a unique capability to be a private sector focal point for promotion of investment in districts.
  • Publishes the White Book, as the transparent platform for dialogue with the authorities and valuable set of recommendations on how to improve business climate in Karnataka.
  • Organizes Annual Check Conference – constructive and open discussion with the state government and other stakeholders on the progress in the reform agenda

Our Mission

FIC mission is to “To actively promote and develop predictable, competitive, and sustainable business environment, through open dialogue with the Authorities and other relevant stakeholders and removing hurdles faced by foreign investors in India”.