India's ranking slips 3 notches to 11th spot on AT Kearney FDI index

It said the International Monetary Fund projects India's economy is growing by 7.4 per cent in 2018-19, the fastest by any major economy

India’s ranking fell three places to 11th spot in global consultants AT Kearney’s Foreign Direct Investment (FDI) Confidence Index 2018. This is an annual survey which tracks the impact of likely political, economic and regulatory changes on the FDI preferences of chief executive officers and chief financial officers.

Last year, India was ranked eighth. Its position was pushed out of the top 10 for the first time since 2015. Switzerland and Italy entered the top 10 for the first time in more than a decade, edging out India and Singapore. The report said one factor for the fall could be the