DOWNTURN IN MANUFACTURING FDI IN CHINA
HOPES RAISED FOR FOREIGN INVESTMENT IN INDIA
2013-08-07 17:54
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In Asia, India is the third biggest FDI recipient after China and Singapore. It is perceived that any setback in anyone of these countries leverages FDI growth in other two countries. The explanation suggests that decline in FDI in China should gear up shifting of FDI to Singapore and India. Since Singapore is shackled by low domestic demand and when global slump in export has throttled Singapore’s potential, India has emerged as the safer bet for better destination for foreign direct investment. India is thronged with big domestic demand and its slow growth in GDP has bottomed out.