By Shailesh YadavNew Delhi: The record Foreign Direct Investment (FDI) in India shows the confidence of international investors in the Indian economy . India attracted record FDI of 81 billion USD in financial year 2021 and this shows that foreign investors have shown confidence in Indian economy, said Nilesh Shah , Managing Director, Kotak Mahindra Asset Management Company.In an exclusive interview to ANI, Shah elaborated the reason behind the highest ever total FDI investment and said, "This shows that foreign investors are showing confidence in Indian economy. India attracted the highest ever total FDI inflow, which includes equity capital of unincorporated bodies, reinvested earnings, and other capital. Now PLI scheme can become game changer. PLI scheme will help in this purpose and it will create manufacturing employment and that will support our domestic economy and global economy too, he added.

Source: Economic Times May 26, 2021 02:47 UTC