Thursday, July 5, 2012

India still among most-favoured nation for global companies

Major global companies consider India their third most favoured destination after China and the United States, a UN report said on Thursday, and investment inflows could increase by more than 20 percent both this year and next.
Foreign direct investment (FDI) flows into India leapt 30 percent to nearly $32 billion in 2011, though held back by slow pace of reforms, it still remains a long way down the league table of FDI recipients.
China drew $124 billion last year, while Brazil attracted nearly $67 billion and Russia $53 billion.

Worth reading