India is a "compulsive investment destination", with a strong flow of foreign direct investments, Union Commerce Minister Piyush Goyal said on Thursday, while speaking at an event in New Delhi.
The FDI numbers have been breaking records, and are back on growth trajectory after the free trade agreements concluded with UAE, Australia, the United Kingdom and the European Free Trade Association.
The EFTA companies have earmarked $100-billion FDI for India, the minister said, while speaking at the CII Business Summit 2025.
On the ongoing negotiations with the United States for a bilateral trade agreement, Goyal said the talks are "well on track".
Similarly, the government is making notable progress in the FTA discussions with the European Union and New Zealand.
Goyal added that he would be leading a large business delegation to France, Italy and Switzerland next week.
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