India Rank’s 3rd In World’s Prospective Top Investment Destinations

Sudhanva Shetty

July 2nd, 2015 / 11:54 AM

The United Nations Conference on Trade & Development (UNCTAD) released its 25th annual World Investment Report last week. In the report, India was placed 9th in the list of investment-friendly countries, with a 22% increase in Foreign Direct Investment (FDI).

The list aims to “inform global debates on the future of the international policy environment for cross-border investment”. According to the UNCTAD international investment has decreased in the past few years due to global economic problems and political tensions. Global FDI fell by 16% in the last year.

India finally broke the top 10, being ranked at 9. India received $34 billion in the last year, 80% of what South Asia received. UNCTAD predicted that India’s ranking may rise to 3 in 2015-2017. However, India is the only BRIC nation to not yet cross the $50 billion mark.

China topped the list for FDI inflows, having received $129 billion. Russia dropped out of the top 10 due to the economic sanctions imposed on it by the international community over its involvement in the Ukraine crisis.

Conversely, if you consider FDI outflows, India dropped out of the top 20 this year. In the list of outward FDI flow, the US topped the list, while China was 3rd.

This news comes at a welcome time when hopes on India’s economy have been rekindled, and markets are on a surge. We hope the momentum continues to rise and give impetus to India’s economy.


Contributors

Edited by :

Share your thoughts..

Related Stories

Adani’s Wealth Rises By 109% In 1 Yr, India Ranks 3rd In The Number Of Billionaires: Report

Karnataka Accounts For 44% Of India’s Investment Plans: Union Commerce Ministry

business

Don’t Compare Ease To Business Rank With Other Years, But Focus On The Score: World Bank

Wannacry Ransomware Attack

International Cyberattack Underway, India 3rd Most Affected: How You Can Be Safe

Cyber Attack

“Unprecedented” Cyber Attack Hits 2 Lakh Computers In 150 Countries; India 3rd Most Affected

India Jumps 16 Spots To Rank 39 In World Economic Forum’s Global Competitiveness Index

Latest on The Logical Indian

News

CBI Vs CBI: SC Says Only Alok Verma Can Respond To CVC Report

News

Sabarimala: After 11 Hrs At Cochin Airport, Trupti Desai Flies Back Home

News

Uttarakhand: Caught On Camera Giving Money, BJP MLA Justifies The ‘Age-Old Tradition’

News

Jharkhand: Scared Of Maoists, Students Carry Bow & Arrow To School

News

Elephant Population Decline: SC Asks States To Collect Data On ‘Captive’ Elephants

Fact Check

Fact Check: From Kanhaiya Kumar Embracing Islam To “Photo” Of Tipu Sultan

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.