An Ernst & Young survey says that India has emerged as the most attractive investment destination in the world—it received FDI capital inflows of $30.8 bn in the first half of calendar year 2015. The shift in investor sentiment is an outcome of the new government’s proactive approach to growth, though declining oil prices have played a role in the improvement of macroeconomic indicators, EY says. Significantly, in a thumbs up for the Make in India programme, the manufacturing sector led FDI inflows in 2014 and figures prominently in investors’ near-future plans.
| Subscribe To Our Free Newsletter |
