General

India leapfrogs US, China in foreign direct investment destination list

NewsGram Desk

NewsGram Staff Writer

NEW DELHI: India has climbed atop the foreign direct investment league table, leapfrogging China and the United States.

www.trafficchallan.co.in

A ranking of the top destinations for greenfield investment (measured by estimated capital expenditure) in the first half of 2015 shows that India has attracted roughly $3 billion more than China and $4 billion more than the US and sitting on the top.

"With mid-year data on greenfield FDI now in, 2015 looks to be a milestone year for India following its impressive performance in 2014," an article in Financial Times said quoting FDI Markets.

(With inputs from Financial Times)

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