The government plans to raise India's share in the global foreign direct investment to 5 per cent by 2017 by streamlining policies for attracting investments. The Department of Industrial Policy and Promotion, DIPP has set a goal 'to increase FDI inflows to India by improving its global share from 1.3 per cent in 2007 to 5 per cent by 2017. A report of the DIPP said that India has already emerged as one of the most preferred destinations for foreign investment and 'this eminent position will need to be sustained'.