Government is seriously considering extending the Foreign Direct Investment, FDI in Single Brand Retail beyond 51 per cent. This was revealed by Commerce Minister Anand Sharma while addressing a function in New Delhi today. He said that India is a favourable destination of foreign investment and will continue to attract more investment in future.The Minister also noted that the new Manufacturing Policy will rationalise the FDI policy regime in the country and bring about a paradigm change in setting up new businesses. Mr Sharma said that to improve the infrastructure sector, investment in this sector will be enhanced to one trillion US dollars in the next five years. The Commerce Minister stated that investment in Information Technology, Pharmaceuticals, Agro and food processing, Textile and leather industry will also be increased significantly.