New Delhi, Nov. 16 -- The Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has said that India will be the next investment global hotspot, by citing a recent CII-Ernst & Young report.

He said the National Single Window System (NSWS) has been launched to serve as a one-stop-shop for approvals and clearance needed by investors.

The portal hosts approvals across 18 Central departments and 9 States. Another 14 Central departments and 5 States will be added by December.

"We have the potential to attract an annual FDI in the range of USD 120- USD160 billion by 2025. Last seven years we've seen a record FDI, each year breaking the previous record for 7 years in a row. And I do hope ...