India has become second most FDI destination after China

India has become second most FDI destination after China India has become the second best destination for the Foreign Direct Investors after China. India has managed to replace US and has become the second most important foreign directive investment (FDI) destination. This has been informed by the United Nations Conference on Trade and Development (UNCTAD). UNCTAD has conducted a survey on this and has found out that China has been the most preferable destination of FDI till now.  

The recent survey conducted by UNCTAD was ‘World investment prospects survey 2010-2012' and found out this fact. UNCTAD has said after the declaration of the result that, China, India and Brazil have become very favorite spot in terms of the investment point of view.

In the last survey for the same, US was at the second spot but now it has slipped to the forth position. The FDI by transnational companies in India has gone up during these two years remarkably.

The firm has also informed that the Global FDI may go up to $1.2 trillion in the current financial year.