India bids to consolidate foreign investment crown

India's recent fiscal reforms and backing for a new national infrastructure fund should underpin its newfound status as the biggest global magnet for foreign capital. But overseas institutions want to see continued proof of the government’s commitment to facilitating foreign investment flows. As regional growth has slowed, India's has remained on a strong and steady course, with GDP expanding by 7.5% last year and set to grow by the same rate for the next decade, according to gove…