India pips US, China as No. 1 foreign direct investment destination

India has emerged on top of the foreign direct investment league table, overtaking China and the United States, according to the FT data service.

A ranking of the top destinations for greenfield investment (measured by estimated capital expenditure) in the first half of 2015 shows India at number one, having attracted roughly $3 billion more than China and $4 billion more than the US, according to the Financial Times newspaper.

“With midyear data on greenfield FDI now in, 2015 looks to be a milestone year for India following its impressive performance in 2014,” the article in FT said quoting fDi Markets, a data service of the FT. Read More…