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India most attractive


PUJA AWASTHI | New Delhi, November 29, 2013 11:36
Tags : Capital Confidence Barometer Report |Brazil |China |India |Canada | South Africa | Vietnam | Myanmar | Mexico |Indonesia |
India has been ranked the most attractive investment destination owing to sharp currency depreciation and opening up of FDI in various sectors, according to the Capital Confidence Barometer Report of the EY consultancy. Brazil and China follow India while Canada and the US figure at spots four and five.South Africa, Vietnam, Myanmar, Mexico and Indonesia fill the other positions in the top 10 list.According to the survey, present macro-economic pressures and heavy debt piles are causing several Indian companies to divest in non-core businesses thus creating a large opportunity for foreign players vying for a greater role in the Indian market. US, France and Japan are likely to lead investments while the sectors likely to invite investment are automotive, technology and consumer products. 
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Issue Dated: Feb 5, 2017