India is fourth hottest business spot: Survey

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{image-MG road_06062008.jpg}New Delhi, June 6: India is the fourth most attractive business location, according to a global survey.

The survey conducted by Ernst and Young found the South Asian country being preferred after China, Central Europe and western Europe in terms of prospects of alternative business locations and the criteria that drives the perceptions of respondents. While China received 47 percent votes, Central Europe and Western Europe got 42 percent and 33 percent votes respectively, says the survey of 834 respondents across the world.

With 30 per cent votes, India emerges ahead of the US and Russia, which receives 21 percent vote each.

About 21 percent investors voted in favour of India as one of the top three innovative countries, ahead of UK, France, Finland and Sweden. The US with 50 percent votes and China with 34 percent votes stand out in investors minds as the most innovative countries.

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