India Attracts Record USD 94.53 Billion FDI in FY26: Piyush Goyal

Date:

New Delhi: Union Minister of Commerce and Industry Piyush Goyal said on Friday that India attracted a record $94.53 billion in Foreign Direct Investment (FDI) during FY 2025-26, bringing the total FDI inflow since FY 2014-15 to $843 billion.

The Minister shared these figures on the occasion of the 12th anniversary of the ‘Make in India’ initiative and highlighted the growth in investment and manufacturing activities over the past decade.

Goyal also highlighted the impact of the government’s Production Linked Incentive (PLI) scheme. By March 31, 2026, these schemes had attracted actual investments worth ₹2.40 lakh crore, while production and sales under the program stood at ₹23.8 lakh crore. Exports reached ₹15.2 lakh crore, and the schemes generated over 14.6 lakh direct and indirect jobs.

The PLI program has boosted investment and production in several key industries such as electronics and telecommunications, pharmaceuticals, medical devices, automobiles, IT hardware, and specialty steel. The government has utilized this scheme to strengthen domestic manufacturing capacity, attract investment, and enhance India’s participation in global supply chains.

Goyal stated that the government is also developing greenfield industrial smart cities under the ‘National Industrial Corridor Development Programme’ with the aim of providing modern infrastructure for manufacturing and investment.

Highlighting the reforms under the ‘Ease of Doing Business’ initiative, the Minister stated that regulations have been simplified and reduced compliance requirements while sector-specific measures have opened up new opportunities for investment and manufacturing.

He also stated that the ‘Open Network for Digital Commerce’ (ONDC) has crossed the milestone of 470 crore orders, reflecting the expanding scope of India’s digital commerce ecosystem; the government continues to promote ‘Make in India’ to strengthen domestic manufacturing, attract investment, and enhance India’s role in global production networks.

Source: Piyush Goyal’s post on X

Share post:

spot_imgspot_img

Popular

More like this
Related

Ladakh Gets Rs 3,350 Crore Development Boost as PM Modi Inaugurates Five Key Projects

On October 15, Prime Minister Narendra Modi inaugurated five...

Defence Ministry Signs Rs 4,106 Crore Contracts for GSAT-7C Satellite and Varunastra Torpedoes

New Delhi: The Ministry of Defence has signed contracts...

NIPER Raebareli, AstraZeneca Partnership Targets Clinical Research Across 25 Key Areas

The National Institute of Pharmaceutical Education and Research (NIPER),...

Ministry of Tribal Affairs Holds First Working Group Meeting on Tribal Language Preservation

New Delhi: To strengthen efforts toward recording, preserving and...