Foreign Direct Investment (FDI) in India has achieved a new place in FY 2024-25. Amardeep Singh Bhatia, Secretary, Department of Industry and Internal Trade Promotion (DPIT), said on Thursday that FDI in the country increased to $ 81 billion this year, which is the highest level of the last three years. He said that it is expected to increase further in the coming times.

Bhatia gave this information in a program organized by the Confederation of Indian Industry (CII). He said, “Increasing investment abroad by Indian companies shows that now they are serious for expansion globally. They need to achieve technology not only at the domestic level, safety of resources and access to new markets.”

He said that the free trade agreement (FTA) which is being signed by India will bring new opportunities for industries. Also, incentive schemes (PLIs) in areas such as electronics (PLI) are also promoting manufacturing in India.

Bhatia appealed to the industry to rise above short -term uncertainties and adopt a long -term strategy and take advantage of emerging global opportunities.