India trumps China, US in wooing FDI during H1 FY16

• With $31 billion of foreign capital inflows, India has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015, said a report published in Financial Times, London.
• The report said that in 2014 India ranked fifth in terms of capital investment, after China, the US, the UK and Mexico.
• In a year when many other major FDI destinations posted declines, India experienced one of 2014’s best FDI growth rates, increasing its number of projects by 47 per cent, according to data from FDI Markets.

Source: FinancialTimes