2017: A year of FDI groundings for India
The New Year promises to continue the upward swing in foreign direct investment (FDI) flowing into India, according to the country’s main investment promotion agency. India’s investment climate has never been better. Prime Minister Narendra Modi’s initiative to reform-perform-and-transform has conclusively catapulted India into a higher orbit. The last 12 months saw India break into the top-100 club, on ease of doing business, receive a record FDI of $60.1 billion and earn an upgrade in its credit rating from [...]