US Pips India As Top Greenfield FDI Investment Destination: Report

The U.S. has surpassed India to become the top destination for greenfield foreign direct investment in 2017, according to the FDI Report 2018, compiled by FDI Intelligence, a division of The Financial Times Ltd. The number of greenfield FDI projects in India during the year fell sharply by 21% to 637.

India had maintained the top slot in greenfield FDI investment in 2015 and 2016. However, in 2017, the U.S. reclaimed the spot from India, recording $87.4 billion of announced FDI. In the Asia and Pacific region, China was on top in terms of FDI in the total number of new projects and capital investment, followed by India.
Source- The Quint