Issue 67 - 9th February, 2012

Vital Stats
India FDI increase

FDI inflows in India up by 25% in 2011: Ernst & Young Survey
India witnessed the second highest growth in FDI inflows in the world during 2011, according to an Ernst & Young attractiveness survey released in January 2012. The report cited potential of the home market, cost competitiveness and qualified workforce as the factors driving FDI into India.
Sectors that attracted FDI inflows
Total FDI inflows grew by 25% during Jan-Nov 2011, second only to Brazil where the growth was 48%. Most of the investments were focused on large scale manufacturing industries-automotive, industrial equipment, metals industries and on business process outsourcing projects in IT services-generating 2.16 lakh jobs in the country. The total value of FDI inflows during Jan-Nov 2011 rose to over $50 billion.
The majority of international companies surveyed have expressed intent to expand operations within the country during 2012 although some have expressed concern over stalled decision-making in the Indian bureaucracy. "Investors perceive that India presents value and promising growth dynamics in this increasingly unstable global economy", said the authors of the survey for which 506 management heads across industries were contacted.
For the full report, visit
http://www.ey.com/Publication/vwLUAssetsPI/Indian_Attractiveness_Survey_2012/
$FILE/Ernst%20&%20Young%202012%20India%20attractiveness%20survey.pdf
Click here to download

 
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