INDIA, CHINA LEADING DESTINATIONS FOR INVESTMENT: REPORT
The Hindu, May 26, 2008
New Delhi (PTI): India and China, the world's two fastest growing economies, leads the list of best places for investment and development, driven by their current GDP growth rates, appropriate investment climate and substantial trade opportunities, a latest report says.
According to global consultancy Grant Thornton's International Business Report 2008 on emerging global markets, China, India and Russia have emerged as the top three most- favoured destinations for investment and development.
These are followed by Mexico at fourth and Brazil at fifth place. The study also revealed the presence of 22 other rapidly growing global economies, including Malaysia, Indonesia, Iran, Pakistan, Thailand and Poland, that offer immense avenues for future growth.
"Emerging markets offer great potential for growth in a global economic slowdown scenario," Grant Thornton India National Markets Leader Monish Chatrath said.
The Hindu, May 26, 2008
New Delhi (PTI): India and China, the world's two fastest growing economies, leads the list of best places for investment and development, driven by their current GDP growth rates, appropriate investment climate and substantial trade opportunities, a latest report says.
According to global consultancy Grant Thornton's International Business Report 2008 on emerging global markets, China, India and Russia have emerged as the top three most- favoured destinations for investment and development.
These are followed by Mexico at fourth and Brazil at fifth place. The study also revealed the presence of 22 other rapidly growing global economies, including Malaysia, Indonesia, Iran, Pakistan, Thailand and Poland, that offer immense avenues for future growth.
"Emerging markets offer great potential for growth in a global economic slowdown scenario," Grant Thornton India National Markets Leader Monish Chatrath said.
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