According to an AT Kearney report, India in 2018 has fallen out of the top 10 destinations for FDI in terms of its attractiveness.
India ranks 11 in 2018 AT Kearney FDI Confidence Index, down from 8 in 2017 and 9 in 2016.
The report highlighted the elimination of the Foreign Investment Promotion Board, and the liberalization of foreign investment thresholds for the retail, aviation, and biomedical industries.