FDI Inflows Into India Growing Rapidly: Goyal

FDI inflows into the country are surging, with investors from the Middle East, Japan, European Union, and the US recognizing India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, Commerce and Industry Minister Piyush Goyal has said.

- Press Trust of India

NEW DELHI:

He said that global investors are showing keen interest in India as the country offers several advantages such as strong domestic market, skilled and talented workforce and rule of law.

"I can clearly see FDI (foreign direct investment) in India once again growing rapidly and creating millions of jobs. Countries in the Middle East, EFTA region, Japan, and investors from the EU and the US are all realizing that India continues to be the most preferred destination for FDI," Goyal told PTI.

He added that India's stable and predictable regulatory framework, coupled with a favorable business environment and progressive policies aimed at enhancing ease of doing business, is attracting an increasing number of investors from around the world.