Review of Foreign Direct Investments in India
India is likely to be one of fastest-growing economies by 2020, but despite an appealing consumer base and technology sector, attracting foreign direct investment is not going to be easy. According to Ernst & Young’s recent report on India, Investors are already very interested. It’s one of the world’s top five destinations for foreign direct investment, but experts say the country needs to enhance its business environment to really fulfill its potential. India is the fourth-largest target for foreign direct investment. A growing population, educated workforce and low labor costs are helpful, but a lack of infrastructure, corporate taxation and administrative difficulties make things tricky. “The long-term outlook for India is positive, with investors expecting the country to be among the world’s top three growth economies by 2020,” reads the report’s introduction. More than nine percent of jobs created by FDI in 2012 were in I...