It is the nodal agency for investment in India by NRIs and OCBs in which NRI holding is not less than 60 per cent and provides them with escort services.

It is a service agency providing assistance in the establishment of joint ventures and technical collaborations in India and abroad and third country ventures between Indian and foreign entrepreneurs.

It provides guidance and, information to Indian entrepreneurs and assists them in locating suitable foreign firms for collaboration.

It assists Indian and foreign entrepreneurs in meeting the procedural requirements of project approvals and in overcoming bottlenecks, if any, in the process of implementation of the project.

It has a well-maintained reference library covering a wide range of subjects like industry, management, taxation, etc. A cross-section of journals, periodicals and magazines is available for ready reference.

It brings out publications which provide authentic information on various aspects of Government policies, procedures and regulations as also facilities, incentives and opportunities available to entrepreneurs in various industrial fields, both in India and abroad. Some of the important publications are in the fields of industrial policy, facilities and incentives for Non Resident Indians and technological development.

It provides factual information on current economic development in India through its Monthly News Letter which is an authentic source of information about industrial licences and letters of intent issued, and foreign collaborations approved, by the Government of India/Reserve Bank of India.

It circulates authentic texts of various Press Notes issued by the Department of Industrial Policy and Promotion under Readers' Subscription Service.

In order to promote investment and technology transfer from abroad the Indian Investment Centre has signed Memoranda of Understanding with various organisations.