India Records Highest-Ever FDI of $94.53 Billion in FY26
What Happened
Commerce and Industry Minister Piyush Goyal announced that India received its highest-ever foreign direct investment (FDI) of $94.53 billion in FY26. Since the launch of Make in India in 2014, cumulative inflows have reached $843 billion. Goyal also highlighted that as of March 31, 2026, Production Linked Incentive (PLI) schemes have generated ₹2.40 lakh crore in actual investment, ₹23.8 lakh crore in production/sales, and ₹15.2 lakh crore in exports, while creating over 14.6 lakh direct and indirect jobs. The initiative has transformed India into a global investment hub, with strong inflows across sectors including manufacturing, services, and technology. He emphasized that reforms, ease of doing business, and PLI schemes have contributed to sustained investor confidence.
Key Takeaways
The record FDI underscores India’s growing appeal as a global investment destination, validating the government’s Make in India strategy and reinforcing its role in driving manufacturing and economic growth.