US Inc bullish on India, but with riders

The survey, which polled members and company executives of the US-India Business Council (USIBC), showed that a large number of respondents rated future economic growth in India as highly sustainable despite uncertainties in other global markets.
Further, a large section of respondents answered in the affirmative regarding their plans to invest in India in order to establish or expand their operations over the next five years, according to the survey conducted by Ernst and Young.
"India is, and will continue to be, a premier destination for investment," is the assessment of most of these respondents, it said.
Releasing the 2008 USIBC Business Perception Survey here, Utkarsh Palnitkar, Ernst & Young, Partner
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First Published: Apr 28 2008 | 12:12 PM IST

