The United Nations Conference on Trade and Development (UNCTAD) released its 2010 World Investment Report with India moving up four spots from 13 to nine. With a whopping $130 billion inflow in 2009 the U.S. remained at the top of the list with China trailing, bringing in $95 billion. The total inflows were reported at $1.11 trillion, though the 2008 total was $1.77 trillion. Interestingly enough, India’s total inflow decreased from $40.42 billion in 2008 to $34.61 billion, but the country’s global ranking still moved up.
The report also stated, “If the situation continues to improve, India is likely to be among the most promising investor home countries in 2010-2012, as well as the third highest economy for foreign direct investment in 2010-2012.
In the report was a list ranking the top 100 non-financial trans-national corporations by their foreign assets overseas. On the list were the Indian companies Tata Steel (15th), Oil and Natural Gas Corporation (20th), Hindalco (29th), Tata Motors (40th), and Suzlon (54th).
Of all things the report proved how much India has withstood the global recession in comparison to the rest of the world, and more importantly how the country is expected to increase its foreign investment revenue in the coming years.
