India received $81.72 billion FDI, the highest in the last 7 years

India attracted "record" foreign direct investments in the last seven years and the trend is expected to continue in the coming years as well on account of major structural reforms being undertaken by the government, Commerce and Industry Minister Piyush Goyal said on Tuesday.

India received $81.72 billion FDI, the highest in the last 7 years
Minister Piyush Goyal (Photographer — Rajeev Bhatt)

India received $81.72 billion foreign direct investment (FDI) in FY21, the highest ever and 10% more than what was received in the year before, with Singapore, US and Mauritius being the top investors, said an official statement.

“The country attracted record foreign direct investments in the last seven years and the trend is expected to continue in the coming years as well on account of major structural reforms being undertaken by the government,” commerce and industry minister Piyush Goyal said on Tuesday.