India Overtakes China As Top FDI Destination
India has replaced China as the top FDI destination for the year 2015.
Key facts:
- India attracted FDI worth $63 billion in 2015, emerging as the highest-ranked country by capital investment.
- Five Indian states were among the top 10 destination states for FDI in 2015. Gujrat emerged as top state for FDI with $12.4 billion in investment, while Maharashtra attracted FDI worth $8.3 billion in 2015.
- Domestic market growth potential and proximity to markets are the two main reasons for rising FDI.
