The government has consistently held that India remains an attractive destination for foreign direct investments (FDI) as it is the world’s fastest-growing large economy with unmatched market growth opportunities. Last fiscal till February, gross inflows were up year-on-year by 18% to $88.3 billion and expected to top $90 billion “with a northward bias” for the fiscal as a whole, according to Chief Economic Advisor V Anantha Nageswaran. The grounds for the optimism are based on the fact that in FY26 till February, FDI inflows were also higher in net terms—rising four-fold to $6.3 billion—as gross inflows rose despite elevated levels of profits repatriated and sales of equity by foreign companies and overseas investments made by Indian companies.