<h1>Foreign Investment Facilitation Portal Celebrates 5 Years, Boosts FDI by 39%, Processes 853 Proposals, Engages 101 Countries.</h1> The Foreign Investment Facilitation Portal (FIF) marks five years since the Union Cabinet's decision to abolish the Foreign Investment Promotion Board (FIPB). Since its inception, FIF has processed 853 foreign direct investment (FDI) proposals, contributing to a 39% increase in FDI. The portal, managed by the Department for Promotion of Industry and Internal Trade (DPIIT), streamlines the approval process by involving relevant ministries and departments. FDI inflows reached a record USD 83.57 billion in FY 2021-22, with investments from 101 countries. DPIIT continuously updates procedures and conducts training to maintain India as an attractive investment destination.