As per the study by CEO World Magazine, India commands the seventh spot as the best country to invest or do business with. Here is the complete list:
The list includes predominantly ASEAN names and in it, Malaysia tops the list whereas other that make it include nations such as Singapore, Thailand, Indonesia, Philippines. Here's look at the rankings:
In the second place is Poland, the country in the Western Hemisphere, which was previously the member of Warsaw Pact.
Next in the list is the Philippines that has made it to the spot on account of its positive government-backed policies as well as economic stability.
In the fourth spot is Indonesia, which is another member of ASEAN.
Australia has made it to the 5th spot because of its openness to the business regime as well as stability.
Also,on the sidelines, there has been a report that states investors remain cautious and are watchful of the macroeconomic factors in India to bottom out before they consider investments in India.