November 16, 2021 8:41 PM

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India will be next investment global hotspot, says Commerce & Industry Minister Piyush Goyal

<span style="color: #222222;">Union  Minister for Commerce and Industry, Piyush Goyal has said that  India will be the next investment global hotspot.<br />''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.  <br />''<br />''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'.  <br />''He said , there are more success stories in India  than anywhere in the world today. He mentioned that Naukri Jobspeak Index for October  2021 reports a 43 per cent  growth in employment over the same month last year.<br />''<br />''Mr  Goyal said India has all the right ingredients for the Multi-National Corporations  and can help MNCs become more competitive at 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.</span><br />

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