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67% MNCs see India among top choices for FDI, says CII-EY survey

Respondents cite country's market potential, skilled workforce and political stability as three key factors, along with cheap labour, policy reforms and availability of raw materialsIndia has emerged

FDI, INVESTMENT, investment, foreign investment, foreign direct investment, FPI, dollar inflow, GROWTH, MARKETS, FUNDS, SHARES, DEMAND, GROWTH, mutual fund, fund, stocks
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Arnab Dutta New Delhi
India has emerged as the leading choice for foreign direct investment (FDI), a latest survey of multinational corporations (MNCs) has revealed. The survey, conducted by the Confederation of Indian Industries (CII) and EY found, India is set to become one of top three destinations for FDI inflow by 2025.

As per the respondents, the country’s market potential, skilled workforce and political stability are the three key reasons that make India their favoured destination. Further, availability of cheap labour, policy reforms and availability of raw materials, are positive factors that boosts India’s prospects. Recently enacted reforms in the country such as