New Delhi:16/11/21: Union Minister for Commerce and Industry, Piyush Goyal has said that India will be the next investment global hotspot.
Addressing the 2nd edition of the CII National Conference on Multi-National Corporations- MNCs, 2021, through video conference, Mr. Goyal said that India has the potential to attract an annual Foreign Direct Investment FDI in the range of 120 to 160 billion US dollars by 2025.
He said, in the last seven years, the country has seen a record FDI and each year breaking the previous record for 7 years in a row. Mr. Goyal said global sentiments have changed from ‘Why India ’ to ‘Why Not India! and today to ‘We must be in India’.
He said, there are more success stories in India than anywhere in the world today. He mentioned that Naukri Job speak Index for October 2021 reports a 43 percent growth in employment over the same month last year.
Mr. Goyal said India has all the right ingredients for the Multi-National Corporations and can help MNCs become more competitive at the global level. Encouraging the Indian MNCs to take ‘Brand India’ to the world and be ambassadors of India’s culture, quality, and values, he said MNCs have been an integral part of India’s growth story and their contribution is immense.