Destination India for Investment: Modi Building Brand India
Economic Times reports that India is now the best-placed economy among global investment destinations as it emerges from a decade low slump to ride a wave of enthusiasm generated by Prime Minister Narendra Modi's image as a leader focused on execution, said Brian Moynihan, chairman & chief executive of Bank of America, the second-biggest US lender. "The story in India is a relatively stronger story," Moynihan told ET in an interview.
Moynihan joins other top executives putting India on their investment list. Brand India is currently looking up after Narendra Modi was elected Prime Minister. Business in India, especially Indian e-commerce and m-commerce, is beginning to see signs of investment. Modi now has to deliver as expectations are high and people will get impatient for improvement in India.