India has overtaken China in terms of direct equity investment by US investors.
A data released by the US Treasury shows that direct investment in India by the US investors has risen to $12 billion in December 2015 from $7 billion in September 2013. During the same period, China’s share has declined from $12.8 billion to $11.1 billion.
India’s improvement is marked at a time when India’s overexposure within the emerging market basket has slowly decreased in 2015.
Contributed By Sonia Narula