India Tops China in Attracting Foreign Capital

India Tops China in Attracting Foreign Capital

Nov. 26, 2013
The US was ranked #4.

Currency depreciation and an opening up of FDI in a variety of sectors drove India to the top of E&Y’s Captial Confidence Barometer.

Brazil came in second with China in third place. Rounding out the rest of the top ten was Canada (4) U.S. (5) South Africa (6), Vietnam (7), Myanmar (8), Mexico (9) and Indonesia (10). 

According to an article in the Economic Times, the sectors in India that should receive the most investment are automotive, technology, life sciences and consumer products.

"Indian companies also reflect a concerted focus on job creation as well as optimizing operations to deliver cost reduction," the report said. 

Read the full article, India emerges most attractive investment destination: EY 

About the Author

Adrienne Selko | Senior Editor

Focus: Workforce, Talent 

Follow Me on Twitter: @ASelkoIW

Bio: Adrienne Selko has written about many topics over the 17 years she has been with the publication and currently focuses on workforce development strategies. Previously Adrienne was in corporate communications at a medical manufacturing company as well as a large regional bank. She is the author of Do I Have to Wear Garlic Around My Neck? which made the Cleveland Plain Dealer's best sellers list. She is also a senior editor at Material Handling & Logistics and EHS Today

Editorial mission statement: Manufacturing is the enviable position of creating products, processes and policies that solve the world’s problems. When the industry stepped up to manufacture what was necessary to combat the pandemic, it revealed its true nature. My goal is to showcase the sector’s ability to address a broad range of workforce issues including technology, training, diversity & inclusion, with a goal of enticing future generations to join this amazing sector.

Why I find manufacturing interesting: On my first day working for a company that made medical equipment such as MRIs, I toured the plant floor. On every wall was a photo of a person, mostly children. I asked my supervisor why this was the case and he said that the work we do at this company has saved these people’s lives. “We never forget how important our work is and everyone’s contribution to that.” From that moment on I was hooked on manufacturing.

I have talked with many people in this field who have transformed their own career development to assist others. For example, companies are hiring those with disabilities, those previously incarcerated and other talent pools that have been underutilized. I have talked with leaders who have brought out the best in their workforce, as well as employees doing their best work while doing good for the world. 

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