India replaces China as top FDI destination in 2015

IT.com

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India has replaced China as top destination for foreign direct investment by attracting $63 billion worth FDI projects in 2015, says a report.

"India was the highest ranked country by capital investment in 2015, with $63 billion-worth of FDI projects announced," according to fDi Intelligence, a division of The Financial Times Ltd.

Also there was an 8 per cent increase in project numbers to 697.

Major companies such as Foxconn and SunEdison have agreed to invest i ..



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