Commerce and Industry Minister Piyush Goyal announced that in recent months, foreign investors have committed over ₹50,000 crore to India’s finance and banking sectors, reflecting growing global confidence in the country’s economic resilience. Highlighting India’s strong investment climate, Goyal described the nation as an “oasis for investments” amid ongoing global economic headwinds.
Key Highlights
- Foreign investors have announced plans to inject over ₹50,000 crore into India’s finance and banking sectors.
- India’s FDI rose 15 % to USD 18.62 billion in April–June, while US investment nearly tripled.
He emphasized that India continues to emerge as a preferred destination for foreign direct investment (FDI), supported by stable policies, a large consumer base, and progressive financial reforms. Despite global uncertainty, FDI inflows into India have remained robust, indicating sustained investor faith in the country’s long-term growth trajectory.
According to official data, FDI into India rose by 15% to USD 18.62 billion during April–June of the current fiscal year. Notably, investments from the United States nearly tripled, reaching USD 5.61 billion in the same period. Goyal stated that this surge underscores India’s position as a reliable and promising destination for global capital.
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The minister added that the latest wave of investments, particularly in the financial services and banking sectors, reaffirms India’s growing role as a key driver of global economic growth and a hub for international business opportunities.
