No declining trend in Foreign Direct Investment (FDI), India seeing renewed inflows: Union Minister of Commerce and Industry, Mr. Piyush Goyal

Union Minister of Commerce and Industry, Mr. Piyush Goyal, has dismissed concerns about a declining trend in Foreign Direct Investment (FDI) into India, affirming that inflows remain strong despite periodic fluctuations due to global interest rate movements. He highlighted that India attracted Rs. 64,06,561 crore (US$ 748.78 billion) in FDI over the 11 financial years from FY14 to FY25, marking a 143% increase over the Rs. 26,38,499 crore (US$ 308.38 billion) received during FY14. In FY25 alone, India received Rs. 6,93,378 crore (US$ 81.04 billion) in FDI, the highest in the past three years, reflecting renewed investor confidence. The number of source countries also rose from 89 in FY14 to 112 in FY25, underscoring India's growing global appeal as an investment destination.
Mr. Piyush Goyal, speaking during his official visit to Switzerland, stated that the government remains open to suggestions and is committed to adopting new measures to promote FDI. Although India saw a 24.5% YoY decline in FDI during Q4 FY25 at Rs. 26,38,499 (US$ 9.34 billion), total FDI for the full year increased by 14% to Rs. 6,93,378 crore (US$ 81.04 billion), compared to Rs. 6,10,042 crore (US$ 71.3 billion) in FY23. Singapore emerged as the largest FDI contributor with Rs. 1,27,826 crore (US$ 14.94 billion), followed by the United States (US) Rs. 46,630 crore (US$ 5.45 billion) and Mauritius Rs. 31,913 crore (US$ 3.73 billion). Sector-wise, notable inflows were recorded in services, trading, telecommunications, automobiles, construction development, non-conventional energy, and chemicals. Mr. Piyush Goyal reiterated that India is back on the FDI growth trajectory with a government that listens and evolves in response to global economic shifts.

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