SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 127

India CAPTIVATING Index

leading 32 % of the investors ranked India as the most attractive market this year , while

A60 % placed the country among the top three

manufacturing , both to serve the Indian and global markets from India .
After the ‘ Make in India ’ program announcement 55 %
investment destinations , in the recent concluded EY ’ s
of respondents were aware of the initiative . 69 %
2015 India Tax Attractiveness survey .
among those who are aware of the program are likely
According to the survey of over 500 global business
to invest in manufacturing in the next five years .
leaders from 28 countries , India is well-placed to
Overall , India ’ s economic fundamentals have
become one of the world ’ s top destinations for
improved and its economy is likely to continue
manufacturing , as well as a regional hub for
moving upwards on the growth trajectory as more
operations by the year 2020 . More than three out of
business reforms get implemented . However , more
five respondents said they had plans to invest in
than two-thirds of international investors stressed
India over the next year and 62 % are looking at
upon the need for India to improve its infrastructure ,
Spotlight on of Indian Electronics 2016 | 127 01