India among Best Countries Rated By FDI Confidence Index
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India among Best Countries Rated By FDI Confidence Index

By SiliconIndia   |   Thursday, 27 June 2013, 12:49 Hrs
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Bangalore: After struggling for 12 long years, U.S. took the first place of being on top executives to make foreign direct investment. It has over taken China in terms of sustainable development and steady economic growth, according to Reuters.



In 2012, U.S. was in fourth position as mentioned in the foreign direct investment conference index 2013. Whereas India has slipped from 2nd place to the 5th place.



Below is the list of top 10 countries which are rated best in the foreign direct investment index (FDI), as listed by Rediff.



India
Rank in FDI Confidence Index (2013): 5
Rank in FDI Confidence Index (2012): 2



To begin with India, in the year 2012, UNCTAD said that India is an important country that is in need of foreign direct investment (FDI) for multi- national companies. However, FDI was introduced in India back in 1991.



Over the decades, India has been growing rapidly in terms of economy. And still it continues to be one of the largest and fastest growing countries in terms of population.



In the year, 2011, the country got a 31 percent of FDI growth that was $31.6 billion, and many investors feel that there is lot of potential for growth in India.



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