India as a country is now ranked at second place, behind China for Foreign Direct Investment. And this will continue to remain at second because of the attractiveness of the country and its lower prices for labour etc. The Japan Bank of International Cooperation, conducted by Japanese investors firmly stated that 'India is the second most promising country for foreign direct investment and overseas business operations'. India attracted FDI equity inflows of US$ 1,274 million in February 2011. The cumulative amount of FDI equity inflows from April 2000 to February 2011 stood at US$ 128.642 billion, according to the data released by the Department of Industrial Policy and Promotion (DIPP).
This video is about how many people are seeing India as a better opportunity for Foreign Direct Investment rather than China because of the fact that China's economy is growing at an extremly rapid rate. And also India has a much lower labour rate then China.
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