Trade Headlines

‘India second most favoured for FDI’
	New York: India ranks second in world’s favoured FDI destination lagging just behind China which is number one, according to a study released by global strategic management consultancy A T Kearney. The emerging markets have registered the strongest investor optimism, with India, China, Brazil, UAE and Vietnam experiencing the most positive change in investment outlook during the last year, the study, based on a survey of top executives, says. While China and India lead FDI destinations in the 2007 index, 15 of the most attractive FDI destinations are developing markets. The index provides an overview of the prospects for international investment flows.