India to be 100 billion FDI destination by 2022: PHD Chamber

India is approaching towards USD 100 billion FDI inflow per annum by 2022 as volumes of foreign direct investment are increasing year after year.

PHD Chamber of Commerce and Industry Vice President D K Aggarwal said in New delhi yesterday that the annual FDI inflows in the country increased



from USD 36 billion in 2013-14 to USD 62 billion in 2017-18.

He said Make in India has been instrumental during the last four years to attract FDI reforms in the country. Despite the global challenges, the country was able to attract tremendous flow of investments.