RTTNews - Foreign investors have turned towards India, predicts the research arm of global rating agency, Moody's, reports Economic Times. An economist at Moody's Economy.com, Sherman Chan, said that India remained to grab the overseas investors even during the worst phase of the ongoing global economic crisis.
She said that Moody's was anticipating a gradual recovery in foreign direct investment inflows into India in the coming months due to the government's focus on public-private partnerships in supporting growth initiatives. She added that though the country had to gain a significant rise in FDI inflows, the net capital inflows in the stock market were rising at a solid pace, that showed better appeal to investors.
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