India investment destination |
An Ernst and Young survey indicates that investor and other business interest in India has been on the rise.EY held a news conference at its Silicon Valley-based office here with dozens of Indian American businessmen and businesswomen in attendance to reveal an upward trend of people doing business in the country. The survey, “Ready, Set, Grow: EY’s 2015 India Attractiveness Survey,” also showed an increase in investor interest.More than 500 decision-makers from multinational organizations across various business sectors took part in the survey, which was conducted in March and April this year. EY took an “inside-out and outside-in” approach, with roughly half of those surveyed residing in India and the other half split amongst the United States, Europe and Asia. Among the 500-plus business leaders, 32 percent said that India is the most attractive investment destination in the world.From the 2014 survey, EY said there were major gains in perception in a number of key areas, including macroeconomic stability, political and social stability, relaxation in the foreign direct investment policy and the government’s efforts to ease doing business.
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