Can India attract $100 billion in FDI annually in the next 3 to 5 years?

10 days ago Business Today

But India’s FDI to GDP ratio is stagnant at less than 2.5 per cent for decades. There seems to be actually no correlation between India's GDP and FDI. "The lower FDI to GDP ratio demonstrates that FDI is not overly dependent on GDP. Deepak Bagla, MD& CEO of Invest India, which is India's investment promotion agency, says that GDP always leads FDI. An EY-CII report released last month talked about India’s potential to attract FDI inflows of $475 billion in the next 5 years.
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