"The government is determined to put in world-class infrastructure to push all round growth," Chidambaram said.
The Indian economy, which is growing at a rate of 7%, could easily go up to 9% with infrastructure development and investments, Chidambaram said while addressing the second annual India Investment Forum.
"Foreign institutional investors (FIIs) have great confidence that their money is safe in India. There is no reason for private investors to think otherwise. I wish to say that if India is good enough for FIIs, India is good enough to attract FDI," Chidambaram said.