Former Intel India head Nivruti Rai has joined as the Managing Director and CEO of Invest India, the Ministry of Commerce and Industry informed. She took over the charge from Manmeet K Nanda, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), who had assumed this additional charge in March 2023.
- Nanda had taken over Invest India from Deepak Bagla who resigned from his post citing "personal reasons". Bagla quit the leadership role after an audit into the operations of Invest India under him.
- Rai is the recipient of the prestigious Nari Shakti Puraskar for her contributions to the field of technology. She spent 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 Intel in India.