Commerce and Industry Minister Piyush Goyal has said that in the past few months, foreign investors have announced plans to invest over ₹50,000 crore in India’s finance and banking sectors, underscoring the country’s growing appeal as a safe and promising investment destination.
“Even amidst global headwinds, India is an oasis for investments,” Goyal said, adding that the country’s strong fundamentals continue to attract long-term capital. “In the last few months itself, investors from all over the world have announced plans to invest over ₹50,000 crore in India’s finance and banking sector,” he wrote in a post on X (formerly Twitter).
The minister highlighted that Foreign Direct Investment (FDI) continues to flow robustly despite global economic turbulence, reaffirming India’s position as one of the fastest-growing major economies. “Today, India is emerging as a preferred investment destination,” he said.
Official data shows that FDI inflows into India rose 15% to USD 18.62 billion during April–June this fiscal year. The surge was particularly notable in inflows from the United States, which nearly tripled to USD 5.61 billion during the same period.
This sharp rise reflects growing investor confidence in India’s macroeconomic stability, regulatory reforms, and expanding domestic market. Analysts attribute the uptick to stronger global confidence in India’s financial ecosystem and the government’s consistent focus on ease of doing business.
Goyal’s remarks come at a time when several major economies are grappling with slow growth and geopolitical uncertainty. India, in contrast, has managed to sustain strong FDI momentum, driven by resilient domestic consumption and structural reforms across sectors.
The finance and banking sector, in particular, has emerged as a magnet for foreign capital. International investors see potential in India’s expanding digital financial infrastructure, fintech innovation, and ongoing consolidation within the banking space.
By attracting over ₹50,000 crore in new commitments in just a few months, India has positioned itself as a reliable destination for global capital, reinforcing its long-term growth story.
