'No decline in FDI', Minister Piyush Goyal said - Foreign investment of $ 749 billion came into the country in 11 years

There has been no decline in foreign direct investment (FDI) in India, according to Commerce and Industry Minister Piyush Goyal. He stated that changes in global interest rates can lead to fluctuations in FDI.

The minister further mentioned that foreign investors are increasingly coming to India. The government is open to suggestions and should adopt measures to promote FDI. Over the last 11 financial years (2014-25), India has attracted FDI totaling $748.78 billion, which is 143 percent more than the $308.38 billion invested from 2003 to 2014.

Moreover, India is becoming the preferred choice for FDI, attracting investment from 112 countries—a significant increase from 89 countries in 2013-14. He highlighted India's growing global popularity among investors.

The minister remarked that given these figures, there does not appear to be any downward trend. While there may be fluctuations due to changes in interest rates abroad, higher bond yields in certain countries can lead to increased capital flows there. However, money is returning to India. He noted that in 2024-25, India received a total FDI of $81 billion, marking the highest level in the past three years. With this amount, India is back on the path of FDI growth.

According to data, FDI peaked at $84.83 billion in FY 2021-22. However, FDI in India fell to $9.34 billion in the fourth quarter of FY 2024-25, reflecting an annual decline of 24.5 percent. Nevertheless, throughout the entire last financial year, it grew by 13 percent to $50 billion. Commerce Minister Piyush Goyal is currently on an official visit to Switzerland and Sweden, where he will conduct meetings to enhance investment with India.