Abstract

Liberalization of Foreign Direct Investment (FDI) laws in India has made India among the top five attractive destinations for international investors during the next two years, according to the United Nations Conference on Trade and Development (UNCTAD) in a new report on world investment prospects titled, 'World Investment Prospects Survey 2009-2011.' Easing of entry options for FDIs has made India one of the most attractive market for foreign investors as 100% FDI is permitted in various important sectors through automatic route. Though government approval is required in few sectors for FDI, the present legal framework has been made for obtaining approval. India is being viewed as investment heaven these days.

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