New Delhi, April 30 -- Foreign direct investment (FDI) inflows are on track to reach $90 billion in the fiscal year ending March 2026, according to a senior government official, as India's push to position itself as a manufacturing and regulatory haven gains traction with global investors.

FDI inflows have exceeded $88 billion during April-February of FY26, Amardeep Singh Bhatia, secretary in the Department for Promotion of Industry and Internal Trade, said in a briefing with select media on Thursday. He noted that the total should 'hopefully' move past $90 billion by the end of the fiscal year.

Ongoing reform measures, progress on free trade agreements, and India's strong economic growth are collectively supporting sustained foreign in...