Retail News Newsletter Columns Retail Jobs Dictionary Directory Calendar Policies Retail Edge Footprint

Home PageContact Us

EY Report: India attractive destination for FDI
Posted On: 24-01-2014 02:58:01 AM

India is still an attractive destination for foreign investment as per the results of a survey conducted Consulting firm EY (formerly Ernst & Young). The survey, titled ‘EY India Attractiveness Survey 2014,’ was conducted among 500 foreign investors. Results were broadly as follows

• India remains one of the top global destinations for foreign direct investment (FDI) on account of its low labor cost, domestic market and availability of educated workforce.

• More than half (53.2 %) of the survey respondents were considering increasing their presence in India.

• Of those who are not planning any investment in India, 61.6 % of the respondents do not have any short-term or overseas expansion plans.

• Technology, media and telecom (TMT) continue to remain the most attractive sectors for the future. Together these three sectors had 21.6 % of projects during 2007 and 2012. This group was followed by industrial with 16.6 and business services with 11.4 %.

• 70.8 % of the respondents found China to remain India’s main competitor for FDI. However, 8.8 % of the respondents indicated that new destinations such as Indonesia, the Philippines and Vietnam, were also emerging as competitors.

• The survey recorded that the percentage of respondents responding in the affirmative to the question on whether India would be surpassed by strong competition from more dynamic countries, has come down. In 2012, 11 % of the respondents said ‘yes’ to this question, but in 2013, only 5 % said ‘yes’.

• In order for India to continue to compete retaining its edge, it needs to improve its operating environment and further develop its infrastructure. Issues such as poor infrastructure, land acquisition, regulatory hurdles and the slow pace of reforms have hampered manufacturing projects.

 
 
 

SocialTwist Tell-a-Friend

 

Want more stories delivered to your inbox?
Please sign up here for our free newsletter.

 
retail india Related News retail industry india
retail news videos on retail industries
Government considers proposal to free up retail FDI policy - but only for India-made goods
Saks Fifth Avenue planning India stores, in talks with Aditya Birla Fashion
CAIT alleges Flipkart violated e-Commerce FDI norms
QSR chains lean on travel retail to overcome slowing same-store sales
Budget 2016: What it did for the Retail Sector
retail stores
retail policies
retail suppliers retail classes retail news
retail policies retail news retail india
retail training Current Newsletter retail industry
retail suppliers retail industry growth retail slowdown
retail policies retail news retail india
retail training (FY 2015 - 16) 3rd Quarter Results retail industry
retail suppliers retail industry growth retail slowdown
retail policies retail news retail india
retail training Search News retail industry
retail suppliers retail industry growth retail slowdown
latest retail news in your mail

retail industry



 
retail news
About Retail Angle   |  The Team  |  User Agreement   |  Privacy Policy  |  Advertise with Us  |  Feedback  |  Site Map  |  Contact us 
retail industry

indian retail