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