India is witnessing a significant rise in foreign direct investment (FDI), now attracting inflows from 112 countries—up from 89 a decade ago. Commerce and Industry Minister Piyush Goyal highlighted this growth as a reflection of India’s growing reputation as a secure and attractive destination for global capital.
During a recent virtual roundtable, Goyal emphasized the government’s continued commitment to economic reform and investor-friendly policies. He noted that India’s consistent policy approach, ease of doing business, and targeted sectoral reforms have played a key role in drawing foreign companies and institutions.
The event, chaired by Amardeep Singh Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), focused on ways to strengthen India’s investment ecosystem further. Bhatia encouraged stakeholders to offer suggestions on how to enhance reinvestment channels, improve the quality of industrial infrastructure, and promote growth in emerging sectors.
The government projects FDI to grow by 14% in the fiscal year 2024–25, reaching USD 81.04 billion. This growth is expected to come not only from new investors but also through the expansion of existing foreign businesses and greater support for the startup sector.
India’s expanding investment base signals global confidence in its economic stability and long-term growth prospects. Through continued collaboration with global partners and policy innovation, the country aims to sustain this upward trend and further integrate into international value chains.