Byapaar.com -The Indian Business Blog

India is emerging as a favorite investment destination for top Japanese companies as large conglomerates from the far-eastern country begin to diversify away from neighboring China, their earlier hotspot. While China still maintains the top position as an investment destination, a lesser proportion of companies (68 percent) China as a promising country. China has seen a decline for four straight years since its peak in 200. India ranked second among Japanese companies as a promising country for investment. By industry, automobile-related companies saw a particularly positive stance. In fact India ranked highest among Japanese companies as promising country for doing business in the long term, ahead of China for the first time since the survey has been conducted for the last 18 years