India received record FDI in last 7 yrs: Goyal
India attracted ‘record’ foreign direct investments in the last seven years and the trend is expected to continue in the coming years as well on account of major structural reforms being undertaken by the government, Commerce and Industry Minister Piyush Goyal said on Tuesday.
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New Delhi: India attracted 'record' foreign direct investments in the last seven years and the trend is expected to continue in the coming years as well on account of major structural reforms being undertaken by the government, Commerce and Industry Minister Piyush Goyal said on Tuesday.
He also said that India is focusing on integrating its quality standards with the world and the country needs to let go of the mindset of a particular product being for the domestic market and others for the export market. "Last seven years, we have seen record FDIs (Foreign Direct Investments).
I hope to see that continue, looking at major structural reforms being undertaken. This pickup in economic activity is here to stay and the future looks to be extremely bright," he said at industry body CII's National Conference on MNCs 2021. FDI inflows into the country rose 62 per cent to $27 billion during April-July period of the current fiscal.
