Commerce and Industry Minister Piyush Goyal announced that India’s foreign direct investment (FDI) now comes from 112 countries, up from 89 in 2013–14, highlighting the nation’s increasing global appeal.
Speaking at an investor roundtable at Vanijya Bhawan, Goyal emphasized that India’s FDI success is rooted in forward-looking reforms, transparent policies, and the trust of the international community in the country’s economic prospects. He reaffirmed the government’s commitment to making India the top destination for global investors.
The minister highlighted recent policy enhancements, including allowing up to 100% FDI through the automatic route in most sectors, making India more investor-friendly.
The event was attended by over 90 representatives from leading companies, industrial parks, and associations across states like Rajasthan, Maharashtra, Delhi, Gujarat, Uttar Pradesh, Karnataka, and Tamil Nadu.
DPIIT Secretary Amardeep Singh Bhatia reaffirmed FDI’s vital role in India’s growth and called for suggestions to boost reinvestment, enhance industrial park infrastructure, and explore expansion opportunities. He underscored the need for targeted policy measures to further attract foreign investment and encouraged investors to expand operations, co-invest in startups, and contribute to India’s investment momentum.
Participants expressed appreciation for the government’s liberalized policies and highlighted the need for reforms in land, labor, skill development, and R&D limits, along with enhanced cooperation between Central and State policies to bolster manufacturing and green energy sectors.