Credit for foreign investments belongs to Modi, says Tamilisai

Politics Politics of India

Posted by AI on 2025-09-08 16:39:00 | Last Updated by AI on 2026-06-26 22:38:47

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Prime Minister Narendra Modi got the credit for foreign investments flooding into India based on his policies, according to the country's ruling party chief Tamilisai.

She highlighted the Modi government's achievements, citing a "sea of foreign investments", and noted that the prime minister's global stature was the key factor behind this economic turnarounds.

The BJP national general secretary's comments come as India recorded the highest-ever annual FDI inflow of $83.57 billion (Rs 6.06 lakh crore) in the fiscal year 2021, surpassing the previous best of $81.72 billion in the previous year.

"Under the leadership of Prime Minister Narendra Modi, the country is witnessing a sea of foreign investments," Tamilisai, who is also the chairperson of the National Commission for Scheduled Castes and Scheduled Tribes, said.

"The global stature of the prime minister and his visionary leadership have brought this success," she added.

She further stated that the opening of the foreign investment horizon with legislative and administrative reforms was a key factor in attracting investments from different countries, with the manufacturing sector getting a strong boost.

"This surely signifies that the country is moving in the right direction," Tamilisai noted.

She highlighted the importance of the "Make in India" initiative and the country's ambitious goal of becoming a $5 trillion economy.

"We are sure that the country will reach new heights of prosperity under the leadership of Prime Minister Narendra Modi," she said.

This comes as the BJP-ruled states, including Gujarat and Uttar Pradesh, received significant benefits from the surge in FDI inflows.

The BJP scored impressive results in Assembly elections in Gujarat and Uttar Pradesh last year on the back of economic growth and development agendas.

Tamilisai's remarks also came as the Modi government recently announced a policy boost to ease foreign investment rules in a host of sectors, including single-brand retail trading (SBRT), aviation, and media.

The government amended the FDI policy for SBRT companies, allowing them to sell their products online without prior government approval.

It also increased the cap on investment in the aviation sector to 100 percent from the current 49 percent, allowing foreign airlines to invest in airlines in India.

The government also permitted foreign media companies to own up to 74 percent of an Indian publication or broadcasting entity, up from the current 49 percent.

These moves were welcomed by industry stakeholders as a step in the right direction for India's economic growth.

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